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Agreed. 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
by htormey 9y ago
Agreed. 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.