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Plus $2.8 billion to buy market share. The $999 price tag is a modern day Pyrrhic victory. http://money.cnn.com/2017/04/14/technology/uber-financials/ http://m
by gvb 9y ago
Plus $2.8 billion to buy market share. The $999 price tag is a modern day Pyrrhic victory.
http://money.cnn.com/2017/04/14/technology/uber-financials/ http://money.cnn.com/2017/04/14/technology/uber-financials/
https://en.wikipedia.org/wiki/Pyrrhic_victory https://en.wikipedia.org/wiki/Pyrrhic_victory
- appoets 9y agoVery insightful. But our non-overthinking customers bought this and they've had amazing success, just because there's a trend of Uber for X investments to even the most slightly promising ones. The investor panic of not wanting to miss the next Google or Uber I believe.