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Difference is, Amazon did so while remaining profotable and, more importantly, cash flow positive. Operation free cash flow, a detail Uber at al forgot when the
by hef19898 3y ago
Difference is, Amazon did so while remaining profotable and, more importantly, cash flow positive. Operation free cash flow, a detail Uber at al forgot when they tried toncopy the Amazon model.
- lazide 3y agoNotably, I don’t think they forgot. It was an attempt at market dumping using investor cash in order to capture the market. And it kinda worked. Taxi companies took a serious hit. Now we’re seeing more realistic market prices, and investors are getting hit hard. Because they didn’t succeed at getting the monopoly they wanted. That’s the larger picture, IMO.