4 ms·
If by "worked" you mean "burned through ten billion in cash" then sure, it worked.
by astrodust 8y ago
If by "worked" you mean "burned through ten billion in cash" then sure, it worked.
- pandasun 8y agoTrue, I think that maybe Uber found the fine line (could be pure luck) between creating enough buzz right before running out of cash (several times) and simply going bankrupt.
- astrodust 8y agoThat Q1 profit was interesting, but it's nowhere near a trend. They may need another ten or twenty billion, or maybe infinite billions because their business model is critically flawed.