Burning cash to grow worked for Amazon because distribution/logistics is a business that has a fundamental relationship between scale and costs. Bird, Scoot, U

Burning cash to grow worked for Amazon because distribution/logistics is a business that has a fundamental relationship between scale and costs. Bird, Scoot, Uber, Lyft and everybody else has yet to demonstrate that by scaling dramatically that they lower their costs enough to break even, much less generate SaaS margins. Until then... They are highly speculative businesses.