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Why does it take the author of the linked piece thirty-six paragraphs to make what was already a widely known point, that Uber isn’t profitable? It’s not like t
by troad 4y ago
Why does it take the author of the linked piece thirty-six paragraphs to make what was already a widely known point, that Uber isn’t profitable? It’s not like the piece is particularly rich in elaboration or explanation, it just seems… verbose. Like a high school senior desperately trying to stretch a preconceived conclusion to the required word count.
- arcticbull 4y agoYeah it's not well-organized. The reason I linked to it isn't a restatement of their financials but an analysis of the industry, the cost basis delta and why fundamentally their businesses are not positioned with a path to profitability.