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The market remembers Uber. Why do you think every single little negative they do turns into a "scandal" and why everyone pounds them in the media? Uber will li
by mtgx 9y ago
The market remembers Uber. Why do you think every single little negative they do turns into a "scandal" and why everyone pounds them in the media?
Uber will likely go into bankruptcy soon, if everyone remains very vigilant about their failed self-driving car project. Because without it, Uber is done. The self-driving car project was the last thing the investors hoped would save the company. And it won't.
People also remember Equifax. There is just little they could do, because they don't directly deal with Equifax. It's their banks or credit card companies that do. Plus, Congress almost immediately saved Equifax from lawsuits, and people haven't yet had an opportunity to "respond" to that. They will this fall.