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Comment by aurareturn

6 months ago

Uber lost $31b. They make about $4b/year in profit now. It'll take them 7 years to make it all back assuming they don't grow anymore.

$31b put into Nasdaq would have netted investors $300b before dividends. So honestly it was a bad deal.

And let's not forget that Uber can be killed by self driving cars.

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