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The likes of Uber are valued highly precisely because investors are looking very far into the future where these companies might become highly profitable.
by agent008t 7y ago
The likes of Uber are valued highly precisely because investors are looking very far into the future where these companies might become highly profitable.
- duxup 7y agoI'm not convinced that is the case. I really think there is a difference in "look at this market share" and critical thinking about how Uber can get to sustainability. I think the whole tech company IPO is a weird otherverse that isn't as much about the future as folks think.