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by hawkice 3357 days ago
Losses up 6% and they're celebrating. I've been at companies like this. "We're losing money faster than ever, if I keep saying words after that you might be confused as to whether that matters."

And if you have new or growing product lines that incorporate into both revenue and expenses like Uber Pool does, you'd see exactly this shift _without a change in the underlying unit economics_. Which means that, not only are they losing money faster than ever, but they have no mechanism to stop the bleeding.