3 ms·
The biggest marker of a bubble, to me, is that you have money-losing startups selling to other money-losing startups. On paper you see a lot of 'line go up' but
by mullingitover 2y ago
The biggest marker of a bubble, to me, is that you have money-losing startups selling to other money-losing startups. On paper you see a lot of 'line go up' but it's just a lot of circulation in a closed body of water which will eventually evaporate.
- holoduke 2y agoUber doesn't agree
- krainboltgreene 2y agoUber is an outlier because in a functioning economy that valued workers we wouldn’t have shipped all our jobs overseas and made gig economies the last line between housing and street schizophrenia.
- mechagodzilla 2y agoUber's revenue was never coming from other food delivery startups.