3 ms·
Uber had a profitable quarter. They are still $30 billion in the red over the lifetime of the company.
by imgabe 3y ago
Uber had a profitable quarter. They are still $30 billion in the red over the lifetime of the company.
- sokoloff 3y agoIndeed. A net income of $394M in the quarter doesn't even pay 3 month's worth of imputed interest charge on $30B of aggregate losses.
- ambrood 3y agoyou realise that much of it is stock grants right?
- ambrood 3y agoAgain much of that is how the accounting for stock grants goes (most of it in company’s history) and not say, actual PNL incurred in incentives.