← Back to context Comment by pjc50 11 hours ago Investing a trillion dollars for a revenue of a billion dollars doesn't sound great yet. 5 comments pjc50 Reply steveBK123 6 hours 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 hour ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. simonw 38 minutes ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. aoeusnth1 2 hours ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE derwiki 6 hours ago Uber’s playbook worked for Uber
steveBK123 6 hours 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 hour ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. simonw 38 minutes ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. aoeusnth1 2 hours ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE derwiki 6 hours ago Uber’s playbook worked for Uber
pjc50 1 hour ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. simonw 38 minutes ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers.
simonw 38 minutes ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers.
aoeusnth1 2 hours ago You say that as if Uber's playbook didn't work. Try this: https://www.google.com/finance/quote/UBER:NYSE
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.
I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers.
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