There is nothing wrong with their financial model at the moment - it's just high stakes, winner takes all, swing for the fences style of company building. The

There is nothing wrong with their financial model at the moment - it's just high stakes, winner takes all, swing for the fences style of company building. The most famous example is Amazon, fueling growth with raised capital over emphasis if profits. It lets them capture market and mindshare and do it extremely cheaply - Uber has raised $8B for what is likely less than a third of the company - including $5B at $90B+ only 8 months ago This is exactly what investors want - turn what some might grow to be a respectable 20-30x return into 1000x and a shot at global domination. Its amazing how global uber is - it really has total mindshare outside of the small number of areas competitors operate. I've heard "uber" used as a verb in 4 languages and in about a dozen different countries. Uber claim they're profitable in older markets on a margin basis. That bodes well for being able to grow into profitability as you run out of countries to grow into, which is a little better and different to Amazon.com's "flicking the profit switch"