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The real question for me is why would Uber investors put the kind of management that view software as a cost center? In this context that's a pessimistic signal
by tarsinge 6y ago
The real question for me is why would Uber investors put the kind of management that view software as a cost center? In this context that's a pessimistic signal for their future, at least for their current valuation, if not the sign of a death spiral.
- Jommi 6y agoBecause they are competing against competitors with equal level of product but with majority od developers in low labor cost countries. Thats a recipe for sure loss.
- kerbs 6y agoIn the US the only real competition is Lyft, who is definitely not treating software as a cost center.
- Jommi 6y agoWell, im not sure about that. You should look at their hiring page right now and see that they are heavily increasing their presence in european tech centers. Additionally, Uber is focusing on being a global superapp company, not just the US (its just their cash cow).