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But in this case they clearly don't: Operations and support ($864m), Sales and marketing ($1.2b), General and administrative ($1.6b). They have bloated costs al
by jonknee 7y ago
But in this case they clearly don't: Operations and support ($864m), Sales and marketing ($1.2b), General and administrative ($1.6b). They have bloated costs all over. Easy to do when you're the hottest VC backed company around, but the clock is ticking and they'll probably trim a lot of fat.
- paxys 7y agoYeah my point was people shouldn't look at it and think "self driving car research". Every engineer at Uber is paid out of that budget.
- kgwgk 7y agoThat’s why I said it included useful R&D.
- kgwgk 7y agoAnd last quarter was somewhat unusual due to the SBC charges allocated mostly to R&D. Looking at Q1: Cost of revenue $1.68bn Operations and support $434mn Sales and marketing $1.04bn Research and development $409mn General and administrative $423mn