3 ms·
It's not the exact same bet, but it rhymes. It worked out for Uber, they are wildly profitable now after spending a decade losing money. Also worked out as Am
by fooker 3mo ago
It's not the exact same bet, but it rhymes.
It worked out for Uber, they are wildly profitable now after spending a decade losing money.
Also worked out as Amazon managed to outlast all the dotcom era e-commerce competitors while being unprofitable.
- disgruntledphd2 3mo ago> It worked out for Uber, they are wildly profitable now after spending a decade losing money. Uber have a 10% margin, which is definitely not what I'd consider wildly profitable. (Their post tax numbers look better, because of accumulated losses).