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It may actually hurt. Uber is in the growth business. They aren't bootstrapping. It may not be worth the time for them to think whether or not they really need
by onewaystreet 11y ago
It may actually hurt. Uber is in the growth business. They aren't bootstrapping. It may not be worth the time for them to think whether or not they really need to hire someone for x position in x market when they have hundreds of positions to fill in dozens of markets.
- jfoster 11y agoYeah, they likely have decades of amazing margins ahead of them. Doesn't make sense to be too frugal in just the first few years if it puts that growth at stake.
- t0mas88 11y agoUntil they get in price competition with a few others. Imagine Google launching a self-driving taxi business at 20% lower prices than Uber. It would be a bloodbath price competition that Google would win because of their deep pockets and lower costs.