← Back to context Comment by pjc50 7 hours ago Did Uber actually do a lot of capital investment? They don't own the cars, for example. 3 comments pjc50 Reply shimman 24 minutes ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison. simonw 6 hours ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. pjc50 1 hour ago Yes, but that's loss leader rather than capital investment. You can't put a customer on the balance sheet and depreciate them. Once you've paid for a free ride, you own nothing tangible.
shimman 24 minutes ago Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison.
simonw 6 hours ago I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers. pjc50 1 hour ago Yes, but that's loss leader rather than capital investment. You can't put a customer on the balance sheet and depreciate them. Once you've paid for a free ride, you own nothing tangible.
pjc50 1 hour ago Yes, but that's loss leader rather than capital investment. You can't put a customer on the balance sheet and depreciate them. Once you've paid for a free ride, you own nothing tangible.
Uber nakedly broke the law and beat down labor, I'm honestly shocked none of the executives went to prison.
I believe they spent a huge amount of money on incentives to help sign up drivers, and discounts to help attract customers.
Yes, but that's loss leader rather than capital investment. You can't put a customer on the balance sheet and depreciate them. Once you've paid for a free ride, you own nothing tangible.