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There are others burning investor cash the same way: Lyft, Taxify, etc. I wonder when will the investors' mentality change?
by polskibus 8y ago
There are others burning investor cash the same way: Lyft, Taxify, etc. I wonder when will the investors' mentality change?
- TeMPOraL 8y agoUber's competitors aren't trying to get into self-driving car business. If you're talking about investing in antisocial companies, then I guess investors' mentality might change if we somehow puncture the abstraction layer that separates the investors from the people their investees affect. For instance, if the investee breaks the law and gets fined, if there was a chance for that to flow back to the investors and take some extra money out of their pockets, I expect they'd put extra pressure on investees to behave.