4 ms·

I don't know - how many tens of billions did VCs put into Uber or WeWork, when these companies are not making a dime... It seems like that's not a factor. Perh

by papito 6y ago

I don't know - how many tens of billions did VCs put into Uber or WeWork, when these companies are not making a dime... It seems like that's not a factor. Perhaps they find it boring, or perhaps the technical risk is just too high. It's all or nothing. You can BS your way through a classic tech startup as Adam Neumann did. It's harder with something that is a single flagship product that has to drive (Nikola) or fly hundreds of people in the air.

bobthepanda 6y ago
They may not be making a profit, but they are booking some revenues, in the sense that people are paying money, right now, for rideshares. This is not really a dynamic in aircraft programs, where delivery of aircraft takes years.