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How they "got lost"? Uber has never been profitable. Ever. They sold their investors on the idea that if you hemorrhage money to create growth profit will spont
by Causality1 7y ago
How they "got lost"? Uber has never been profitable. Ever. They sold their investors on the idea that if you hemorrhage money to create growth profit will spontaneously appear like mana from heaven. Recent events are just people realizing, after ten damn years, that just maybe never ever making any money is a bad thing. 100% market share of nothing is still nothing and it's time to pay the piper.