If Uber can avoid going bankrupt until self driving vehicles become available, they're likely to become one of the most profitable and expansive businesses - pe

If Uber can avoid going bankrupt until self driving vehicles become available, they're likely to become one of the most profitable and expansive businesses - perhaps that ever existed. Of course the two conditionals there are the game. They need to not run out of money, and self driving vehicles need to come into play. The article is sparse on details, but it looks like he was trying to angle his loan to get the both of best worlds. If they end up being unable to keep afloat his investment would have been "protected", whatever that means. Yet if they did manage to reach their goal, then he likely would also have had a major share. Win-win from his perspective. And lose-lose from Uber's, unless they were unable to find any other source of funding. And since they were, the deal fell through. It looks a lot like buying billions of dollars of tickets for a trillion dollar lottery, with a clause that you can get your money back if none of the tickets end up being a winner.