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Uber is succeeding? Its finances don't think so.
by joosters 7y ago
Uber is succeeding? Its finances don't think so.
- satanspastaroll 7y agoIt's really amazing how a company can run for so long on so much loss. IIRC Twitter has never turned a profit either, and yet there it stands
- rco8786 7y agoTwitter has made profit now. But didn’t for a while. I worked there until 2015 and the consensus was that they had enough money to continue operating at the then current loss levels for like 50 years. It’s hard to visualize how much money these big tech cos are actually taking in investment. If you have a $B you can lose $10mm a year for one hundred years.
- deleted 7y ago[deleted]
- bryanrasmussen 7y agoIn English if you say "their lack of morality will lead them to have the eventual success of Al Capone" one is generally assumed to mean that the person under discussion will end up in Federal Prison, although also with the chance of running a highly lucrative criminal enterprise first.