3 ms·
> "market is down today, which isn't helping Uber but its probably not much of a factor" > It's actually a big factor. I assume you are trolling but just in c
by chollida1 7y ago
> "market is down today, which isn't helping Uber but its probably not much of a factor"
> It's actually a big factor.
I assume you are trolling but just in case....
the SPY is now up on the day and Uber is still below its IPO price, so I guess we can put to rest the idea that a down market is a big factor in Uber trading below its IPO price.
- drocer88 7y agoMarket is up today (as of 3:20pm EST). Über and Lyft are down > 6% . SV Unicorn hype aside, there's not a big moat around running a jitney cab company.
- jimmywanger 7y agoHmmm. Never heard that term before. I usually hear "gypsy cab".
- davidrupp 7y agohttps://en.wikipedia.org/wiki/Illegal_taxicab_operation https://en.wikipedia.org/wiki/Illegal_taxicab_operation
- jdavis703 7y agoJust FYI many people consider “Gypsy” a slur nowadays since it’s commonly used in regards to illegal behaviors (like running outlaw cab services). I understand your intent was not to offend, but this is perhaps why the parent referred to it by a different name. See more on Wikipedia: https://en.m.wikipedia.org/wiki/Names_of_the_Romani_people https://en.m.wikipedia.org/wiki/Names_of_the_Romani_people
- greenyoda 7y agohttps://www.merriam-webster.com/dictionary/jitney https://www.merriam-webster.com/dictionary/jitney > Definition of jitney > 1 : an unlicensed taxicab