Comment by pjc50 1 month ago Investing a trillion dollars for a revenue of a billion dollars doesn't sound great yet. 10 comments pjc50 Reply signatoremo 1 month ago Companies benefiting from trillion dollars spent during the dotcom era certainly make more than a billion dollars, for the last 20 years.Intellectual dishonesty is certainly rampant on HN. steveBK123 1 month ago Indeed, its the old Uber playbook at nearly two extra orders of magnitude.It is a large enough number to simply run out of private capital to consume before it turns cash flow positive.Lots of things sell well if sold at such a loss. I’d take a new Ferrari for $2500 if it was on offer. pjc50 1 month ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. shimman 1 month ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison. 2 replies → simonw 1 month ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. 1 reply → aoeusnth1 1 month ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE derwiki 1 month ago Uber’s playbook worked for Uber
signatoremo 1 month ago Companies benefiting from trillion dollars spent during the dotcom era certainly make more than a billion dollars, for the last 20 years.Intellectual dishonesty is certainly rampant on HN.
steveBK123 1 month ago Indeed, its the old Uber playbook at nearly two extra orders of magnitude.It is a large enough number to simply run out of private capital to consume before it turns cash flow positive.Lots of things sell well if sold at such a loss. I’d take a new Ferrari for $2500 if it was on offer. pjc50 1 month ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. shimman 1 month ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison. 2 replies → simonw 1 month ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. 1 reply → aoeusnth1 1 month ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE derwiki 1 month ago Uber’s playbook worked for Uber
pjc50 1 month ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. shimman 1 month ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison. 2 replies → simonw 1 month ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. 1 reply →
shimman 1 month ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison. 2 replies →
simonw 1 month ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. 1 reply →
aoeusnth1 1 month ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE
Companies benefiting from trillion dollars spent during the dotcom era certainly make more than a billion dollars, for the last 20 years.
Intellectual dishonesty is certainly rampant on HN.
Indeed, its the old Uber playbook at nearly two extra orders of magnitude.
It is a large enough number to simply run out of private capital to consume before it turns cash flow positive.
Lots of things sell well if sold at such a loss. I’d take a new Ferrari for $2500 if it was on offer.
Did Uber actually do a lot of capital investment? They don't own the cars, for example.
Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison.
2 replies →
I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers.
1 reply →
You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE
Uber’s playbook worked for Uber