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So others in this thread are calling it venture capital subsidized transportation. Why does the idea of venture capital charity seem so hilariously backwards?

• apapli 10y ago
  Because VCs are using investor money and their investors are looking for a return. Someone along the line will be pissed off of their investments don't pay off. Burning up $800m to subsidise an app with the justification of "market share" decades before self driving vehicles become the norm is totally fine by me, as long as it's not my money being incinerated.
  • moxious 10y ago
    I use Uber. I like cheap rides. Probably not going to invest, but maybe we shouldn't speak too loudly about this.
    • apapli 10y ago
      I'm with you on that :)