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I think his article is pretty poor and just has a bone to pick, even if I agree with the overall thesis. Yes, Uber is losing a lot of money. But no, it's not br
by spywaregorilla 5y ago
I think his article is pretty poor and just has a bone to pick, even if I agree with the overall thesis. Yes, Uber is losing a lot of money. But no, it's not broke, and it's not going to be broke for probably a number of years still.
I thought this linked source was a bit better: https://www.nakedcapitalism.com/2021/08/hubert-horan-can-uber-ever-deliver-part-twenty-six-with-no-hope-of-real-profits-uber-and-lyft-double-down-on-fake-profit-metrics.html https://www.nakedcapitalism.com/2021/08/hubert-horan-can-ube...