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> A majority of that [$5.2B] — about $3.9 billion — was caused by stock-based compensation that Uber paid its employees after its I.P.O. Excluding that one-time
by jumelles 7y ago
> A majority of that [$5.2B] — about $3.9 billion — was caused by stock-based compensation that Uber paid its employees after its I.P.O. Excluding that one-time expense, Uber lost $1.3 billion, or nearly twice the $878 million that it lost a year earlier.
Not exactly as bad as the headline makes it sound, but still bad. EDIT: Still very bad. Obviously!
- arbuge 7y agoIt's bad all the way, including the $3.9 billion, which is a massive sum. As Warren Buffett says, "if stock-based compensation isn't an expense, what is it?".
- toasterlovin 7y agoExactly. It’s just an expense that you get to ignore for the time being because it doesn’t affect cash flow.
- sachdevap 7y agoI don't know how the headline could be anymore objective than this. And the loss numbers not withstanding, a company bleeding money like a unicorn growing only 14% in revenue is pretty bad no matter how you slice it.