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They were also cashflow positive for a very long time. Indicating that they could become profitable, but chose not to so they could reinvest in the business.
by mywittyname 7y ago
They were also cashflow positive for a very long time. Indicating that they could become profitable, but chose not to so they could reinvest in the business. This is something that I don't think yet applies to Uber, as they are still subsidizing the service itself.