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One of their strategies is to starve competitors of investment by hoovering up as much as they can themselves. This doesn't mean that they're in a good financi

One of their strategies is to starve competitors of investment by hoovering up as much as they can themselves. This doesn't mean that they're in a good financial position, just that the signalling is different from other VC funded companies.

memmcgee 10y ago
True. But I wonder if more VCs are going to put money in smaller localized ride sharing startups now that Uber is getting such a bad rap.
- bduerst 10y ago
  Maybe, maybe not. VCs can be like lemmings at times, and I fell like most have already jumped on the ride sharing hype.