uber
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- utopian0
The new typeface is like Arial MT...but better than Helvetica.
God bless Mediocrity and the MTA!
- utopian-1
- utopian0
Uber unveils IPO with warning it may never make a profit
- 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
- sted0
- 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