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Hey I just got a crazy Idea. Give me 18 billion dollars, and I'll pay people to drive other people around. "How will we make money?" What? This is Silicon Val
by imustbeevil 8y ago
Hey I just got a crazy Idea.
Give me 18 billion dollars, and I'll pay people to drive other people around.
"How will we make money?" What? This is Silicon Valley, nobody makes money, we just burn capital ($18B) from people who invested in one good thing 20 years ago until we can sell the remaining capital ($7B) to braindead retail investors for 10x it's value.
The company only has a year and a half of runway left, so we have to move quick.
- xiphias2 8y agoTry it. I don't think you will be successful. I think you underestimate the amount of money it took Uber to get the network effect in each city to have enough drivers. At this point it's easy to keep it up.
- imustbeevil 8y ago> At this point it's easy to keep it up. Define "easy"; they lost $1.8 billion last year. My investors made more money and my company doesn't exist.