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This is really a replay of the 3rd Quarter results: http://fortune.com/2017/11/29/uber-financials-loss-softbank/ http://fortune.com/2017/11/29/uber-financials-
by thisisit 9y ago
This is really a replay of the 3rd Quarter results:
http://fortune.com/2017/11/29/uber-financials-loss-softbank/ http://fortune.com/2017/11/29/uber-financials-loss-softbank/
The point is while losses were $1.4 billion, the free cash flow was actually negative $585 million. At this rate, excluding the Softbank investment, it will take Uber more than 4 years before they run out of money.
- rileymat2 9y agoSo why take on additional money if you plan on going public soon?
- brndnmtthws 9y agoBest way to get rich is to be rich. They can buy their way to success.