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Has anybody published an estimate of what Uber's cash reserves might look like, or how long they can remain solvent at these insane burn levels? Losses of $3B/y
by kcorbitt 9y ago
Has anybody published an estimate of what Uber's cash reserves might look like, or how long they can remain solvent at these insane burn levels? Losses of $3B/year seem like they would put almost anybody out of business.
- SubFuze 9y agoFrom the article: "The company, which has raised some $15 billion in equity and debt funding, said it still has $7.2 billion of cash left on hand, about the same as it had at the end of last year."