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>Also not true. I'm sure some don't because they're not profitable, but you can't be not profitable forever. They might pay taxes in some jurisdiction, but usu
by jimnotgym 2y ago
>Also not true. I'm sure some don't because they're not profitable, but you can't be not profitable forever.
They might pay taxes in some jurisdiction, but usually not in the UK.
The profit problem is actually that they can be not profitable for a really long time due to VC money. Long enough to put competitors out of business, for instance
- dehrmann 2y agoUber and Lyft are both public and profitable, now. The drivers also pay taxes on their earnings.