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I don't think it's too big to fail Please stop with this "too big to fail" nonsense. This is a pretty specific term for companies which pose a systemic risk if
by CaptainZapp 9y ago
I don't think it's too big to fail
Please stop with this "too big to fail" nonsense. This is a pretty specific term for companies which pose a systemic risk if they fail. Notably that's mostly banks or other financial institutions who could drag an entire economy down if they go down.
There's no systemic risk in Uber failing.
- schrodinger 9y agoI think that in this case, “too big to fail” would mean that investors would bail them out rather than let them go under.
- erispoe 9y agoIf they believe that the company will make money in the long-run. Otherwise it's just putting bad money after good. You can only bail out a company if you believe it will become profitable. You can't subsidize rides eternally, it does not make sense for investors.
- schrodinger 9y agoTotally agreed, and I believe that’s what the commenter meant when saying that they aren’t too big to fail.