> Couldn't a similar accusation be levied against a lot of other hyper-growth startups, eg Uber? They were heavily subsidizing rides to grow and might not actua

> Couldn't a similar accusation be levied against a lot of other hyper-growth startups, eg Uber? They were heavily subsidizing rides to grow and might not actually have a workable model if the subsidies are removed. Yes. Yes it could, and it must. Uber lost over 20 billion dollars over 10 years. It's not a business. It's a speculation and price dumping vehicle.