4 ms·
Technically Uber and Lyft aren't profiting. They're burning VC money.
by dopylitty 8y ago
Technically Uber and Lyft aren't profiting. They're burning VC money.
- GlickWick 8y agoI think that's just pedantic, to be honest. The people behind those companies and those who work there are certainly making a ton of cash. Even if the companies go bankrupt, everyone involved (except for the VCs) will have been enriched by the product.