Comment by mdorazio
11 days ago
Uber had EBITDA of $6.5B for full year 2024: https://www.sec.gov/Archives/edgar/data/1543151/000154315125...
I agree with the rest of your comment, though. The US public markets reward creative accounting and mortgaging the future for quarterly gains. GE and Jack Welch are a great historical example.
If Uber had been founded in 2024 that would be really impressive. The problem is that its lifetime is somewhat longer than that.