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the idea that uber loses money on rides because of "VC" needs to die. uber is not VC funded anymore and hasn't been for a long time now. uber loses money on ev
by nerfhammer 6y ago
the idea that uber loses money on rides because of "VC" needs to die. uber is not VC funded anymore and hasn't been for a long time now.
uber loses money on every ride because uber loses money overall because it spends a lot of money on other projects, not because the marginal cost/benefit of each ride is negative.
- dbancajas 6y agoIf they spin off the ride sharing part of the company how much are they earning? do you know?
- mqnfred 6y agoThe ridesharing line of business has been profitable for at least a year from what I can tell. The plan was for it to cover all the other costs by EoY 2020, incl. HQ expenses and other bets like Eats.