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I'm amazed because it implies positive free cash flow in the billions which, last I heard, Uber did not have. Barring some major turn around, or increase in co
by iaw 8y ago
I'm amazed because it implies positive free cash flow in the billions which, last I heard, Uber did not have.
Barring some major turn around, or increase in competitive advantage, my guess would be that there are a lot of people that want to get their money out before the whole thing implodes.
- GreeniFi 8y agoThere seems to have been a general uptick in mainstream media warnings of a recession recently. For example the Economist cover last week: “how bad will the next recession be”. I’m not an expert I hasten to add, but before 2008 I also noticed this slow ratcheting up of the focus ahead of the final blow-up. I realise this could be a very biased viewpoint, it’s only a datapoint, but it makes me wonder, if you could track google search terms related to recession over time or appearances in the press, would this be a predictor of actual sentiment and impending recession? I also wonder if there is a generalized impending sense of doom and investors feeling like they need to exit ahead of a crash.
- GreeniFi 8y agoI just checked google trends, and a very superficial look suggests an upwards trend line over the last 5 years. https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=Recession https://trends.google.com/trends/explore?date=today%205-y&ge...
- docker_up 8y agoMainstream media has never accurately predicted a crash. In fact, the news articles are great indicators that things will keep going up for at least a year or two.