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Would they run the coffers dry though? The answer might be yes and I'd go with yes, but if they're for some reason on what they see as a death spiral, they cou
by goobynight 9y ago
Would they run the coffers dry though?
The answer might be yes and I'd go with yes, but if they're for some reason on what they see as a death spiral, they could return some investor money and call it quits.
- htormey 9y agoAgreed. I imagine a more likely scenario is they slam on the breaks by raising prices and firing a bunch of people before they run out of money. This of course would tank the companies valuation and result in a big decline in ride traffic. I'd be really surprised to see uber completely go away. I think the worst case scenario would be for them to go public and have their valuation impload, I.e a groupon like outcome.