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And Uber is endlessly subsidized by loss-making VCs. Uber has been losing billions of dollars every year.
by dmitriid 6y ago
And Uber is endlessly subsidized by loss-making VCs. Uber has been losing billions of dollars every year.
- colinmhayes 6y agoUber made money this year if you take uber eats out of the equation.
- dmitriid 6y agothis year. Uber is 11 years old this year. It has been subsidized by endless VC money for the past ... 11. Moreover, when they went public in 2019 they said that "Uber may never turn a profit". And yet here we are.