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I'd bet on Google, Tesla, and Mercedes before Uber, since they all have vehicles with more than a week on the road and cash-positive revenue streams to support

by bduerst 10y ago

I'd bet on Google, Tesla, and Mercedes before Uber, since they all have vehicles with more than a week on the road and cash-positive revenue streams to support further development. Uber burned through ~30% of their $11B in cash just in 2016 alone.

fullshark 10y ago
Uber will be able to get cash in the future if self driving tech matures to transition. It'll be a multi billion dollar opportunity, capital will be lining up to invest in the ride hailing market leader.
- Daishiman 10y ago
  If...
- bduerst 10y ago
  I'm very doubtful. The financial market conditions that lead to the unicorns are drying up, and like most unicorns, their early/current investors have some extreme shareholder's agreements which make the companies very unattractive to new investors.