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Well, actually it was the margins that did it, but finance can be a little abstract when you're populist.
by roseway4 6y ago
Well, actually it was the margins that did it, but finance can be a little abstract when you're populist.
- deleted 6y ago[deleted]
- meritt 6y agoThat's interesting since Craigslist has operated a rideshare marketplace for 20+ years and runs at an 80% profit margin. They've also never ran afoul of contractor vs. employee scrutiny. Could it be that perhaps Uber and Lyft are simply poorly ran organizations who only excel at burning VC money?