2 ms·

I think it's the "go big, or go home" mentality. Companies with this strategy are all desperate to get global market share. It's obviously a gamble, and one tha

I think it's the "go big, or go home" mentality. Companies with this strategy are all desperate to get global market share. It's obviously a gamble, and one that can pay off. I think the writing may be on the wall for Uber.

dragontamer 4y ago
> It's obviously a gamble, and one that can pay off. It pays off better when loans are at 0.25% rather than at 3%. This crap wouldn't fly in the 1980s economy of 15%+ interest rates. No one would fund your company when you can just make 15% on US Treasuries instead.