uber
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- utopian3
Uber reports $1.2 billion loss nearly six months after going public
- Investors don’t care about profits. They care about growth.HijoDMaite
- The new currency is users.HijoDMaite
- Haha they subside drivers until IPO, then poof!!!robotron3k
- Subsidisedrobotron3k
- Air bnb is the next scamrobotron3k
- ^and WeWorkGnash
- WeWork has already started their tank. I think they've lost about $40 billion at this point.garbage
- wework's 'valuation' was based almost exclusively on what softbank said it was valued at.monNom
- Seems they put almost all the money in, and new money went in at ever higher premiums, so they could say their early investments were producing huge returnsmonNom
- They have 12 billon to burn, and 2 years to get it right so no worries ;)sted
- sted0
- deathboy0
https://www.msn.com/en-us/money/…
The most interesting thing is burn rate and who's capital they have burned. Potential but no plan that give it's IPO value at burn rate. I just don't see it. But markets don't always act rationally. I'm usually skeptical of anything softbank touches, a bit floating on false cred on luck. Can see as much investments patterns. I feel bad for all the people who are about to be bled on the upcoming IPOs, however they got into the game greedily looking to reap rewards without understanding any basics. I really hope the gov doesn't bail out such behavior, but they probably will... hence be irresponsible, it pays the best these days. Borrow as much as possible with no expectation of paying it off, just a razor margin of servicing the debt, shit hits the fan it will effect everyone and you will get a pass.
- You think the people behind this “don’t understand the basics” and that you are actually better informed about a billion dollar IPO?monospaced
- Why would the government bail out a company that has a shit IPO launch? I’ve never heard of such a thing and yet you say it’s likely. Wow.monospaced
- utopian0
Uber unveils IPO with warning it may never make a profit
- utopian-1
- utopian0
The new typeface is like Arial MT...but better than Helvetica.
God bless Mediocrity and the MTA!
- 5timuli1
I worked on the brand team there during the last rebrand initiative but quit after two months because the company was a fucking shitshow (I didn't work on the rebrand at the time). Would turn up at 8:00am hoping to go home at a reasonable time, then my manager would schedule meetings at 6:30pm for an hour or more. Everything was an emergency and there was a very uncomfortable "bro" atmosphere about the place.
Fun factoid: the CEO actually married my wife and I and seemed like such a nice guy. But when I worked on the Uber brand team he acted like he'd never fucking met or even seen me before in my life.
- I read, "the CEO actually married my wife and seemed like a nice guy"Chimp
- Like he was a minister or an old sea captain or something?_niko
- He was the officiant. I think he was roped into it by the promotions team. He was super nervous, to the point it was kinda sweet.5timuli
- We basically "won" our wedding and honeymoon from Uber and he showed up to lead it. Within a couple of months I was working there (unrelated).5timuli
- lol read that too. The CEO married my wifedbloc
- You're such a nice guy to let another man marry your wife.ArmandoEstrada
- NBQ002
The hideous logo/ icon is gone, that's good. Not liking the typo-only logo as app icon though but still better than before.
- desmo2
I like it.
Looking forward to next years rebrand!
- at least this time there seems to be real thought behind it, and it does seem "generic" enough to convince the market they are the go-to ride servicemonospaced
- it's übergeneric! lolchukkaphob
- LOL @ "Looking forward to next years rebrand!" haha!chukkaphob
- milfhunter0
https://www.uber.design/case-stu…
any thoughts about uber going for a new identity. again.
- Getting rid of the U was an odd decision. They owned that letter in the pubic sphere -- such massive equity to dispense withGnash
- überfailchukkaphob
- Bettermonospaced
- Better than the last, way worse than the second to last. So yeah, still a fail.chukkaphob
- it's better than all previous versionsmonospaced
- no.chukkaphob
- yup :)monospaced
- nope :)chukkaphob
- Oh I really like it. Great work. I agree with Gnash though, the U should be the main mark. I like the new U. It should be prominent...set
- it's not often that company owns a letter of the alphabetGnash
- Agree. The last version was awful but sort of started growing on me, this one is worse so generic. Bring back the u_niko
- ^ this.chukkaphob
- utopian0
WTF - Uber just can't stay of the news!
Suspect in Drunk Driving Crash That Killed NFL Player,
Uber Driver Was Illegal Immigrant
- utopian0
The Fall of Travis Kalanick
Was a Lot Weirder and Darker Than You Thought!
- utopian2
Uber paid 20-year-old Florida man to keep data breach secret - sources