3 ms·
Public market cap is not success. It's a measure of speculation. No amount of market cap means anything if you can't figure out how to be cashflow positive. Ub
by smt88 4y ago
Public market cap is not success. It's a measure of speculation. No amount of market cap means anything if you can't figure out how to be cashflow positive.
Uber is neither profitable in the short term or the long term. It's a failed business and business model (Lyft also can't figure it out) until it's able to prove otherwise.