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Isn't that the majority of modern tech companies? Take something which is marginally profitable, scale it beyond all comprehension and make it unprofitable. I

Isn't that the majority of modern tech companies? Take something which is marginally profitable, scale it beyond all comprehension and make it unprofitable. I didn't see the need for a global digitised cab company but it didn't stop two companies burning $30 billion to try and make it happen.

mav3rick 7y ago
Your view is parochial. A lot of people can't live without Uber and Lyft now. It seems arcane calling a cab company or waiting till one magically appears near you.
- josteink 7y ago
  It doesn’t cost $30 billion for a cab company to build an app though.
  - mav3rick 7y ago
    Everything seems easy behind a computer..
    - repolfx 7y ago
      No, he's right. Uber loses billions because they subsidise rides. That's easy. Anyone can sell a dollar for 80 cents.
      - mav3rick 7y ago
        Please do that and get investors to fund you for a long period of time.
        repolfx 7y ago
        Honestly it's sometimes been tempting when you look at things like Uber. How long have they been around now? No signs of investors pulling the plug yet. How long is a long time?