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Well, earlier investors are seeing paper returns. But other than consumers who are getting subsidized rides, yeah, no real payout.
by vannevar 10y ago
Well, earlier investors are seeing paper returns. But other than consumers who are getting subsidized rides, yeah, no real payout.
- dopamean 10y agoThere were a few funds of funds that saw big paper returns with Madoff as well.
- LaikaF 10y agoThe subsidized ride thing is pretty crazy too. Uber offered me the ability to pay them a fee, then get a number of flat rate rides. I got a ten pack, used it to go across my city (a 25 dollar ride normally, even with pool) for 2 bucks. I think they lost a grand total of 200 bucks on me alone, and I haven't touched the app since then. Switched back to Lyft when they offered a saner version of the same thing.