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They probably check your # of Instagram and Twitter followers too. Or they will, before long. They have to pull out every trick in the book (and make up some
by swamp40 5y ago
They probably check your # of Instagram and Twitter followers too. Or they will, before long. They have to pull out every trick in the book (and make up some more as they go along).
"True accounting of the last quarter has Uber losing 38 cents on every dollar it took in." [0]
[0] https://marker.medium.com/end-of-the-line-for-uber-901e3077bbbc https://marker.medium.com/end-of-the-line-for-uber-901e3077b...
- okprod 5y agoIn the app recently I saw Uber offering to drive you around on your errands. They're just pivoting until they get lucky buyout-wise or until they find a business they can actually make money in. The founder was the smartest to cash out; read somewhere he's been investing in ghost kitchens.
- nikanj 5y agoThey keep on finding new investors who believe true self-driving AI is just behind the corner
- muststopmyths 5y agogiven that they sold their self-driving car unit last year, these "new investors" should be very cautious.
- voakbasda 5y ago> They keep on finding new investors who believe true self-driving AI is just behind the corner Which is ironic, as Uber sold their self-driving unit and doesn’t have skin in that game anymore.
- deleted 5y ago[deleted]
- kcatskcolbdi 5y agoUber doesn't have to invent self-driving for it to have a foundational impact on the industry. Uber with their legislative foothold + market share can still potentially dominate a market with an incredibly low cost of labor if self driving is realized. They would just buy a fleet or the company that makes them.
- dylan604 5y agoDid he cash out because he wanted to, or because he was forced to for being such a stain on the company?
- gvd 5y agoYeah these guys have been emailing be a couple of times. I'm not that passionate about kitchens