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Uber story is interesting: it's a fall of an American business not due to underlying business reasons, but due to politics and the board virtue signaling to the

by cft 9y ago

Uber story is interesting: it's a fall of an American business not due to underlying business reasons, but due to politics and the board virtue signaling to the customer base. More similar cases to come, until the entire economy folds in 25-30 years (I budgeted ~5-7 downvotes on this: to me these downvotes only confirm the new growing anti business virtue signaling "consensus" that is toppling down the economy)

Kluny 9y ago
What, are you saving up your upvotes to buy a pony or something?
deleted 9y ago
[deleted]
emodendroket 9y ago
The fact that they're not profitable and have no obvious path to profitability seems like an "underlying business reason" to me.
- cft 9y ago
  Bezos should have been out too by 2003 then
  - Marazan 9y ago
    Amazon always had a route to profitability, raise prices _a bit_. Uber's route is to raise prices _a lot_.
    - cft 9y ago
      Except that apart from AWS Amazon is still not profitable