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by conanbatt 3131 days ago
If you were an Uber investor, and they told you that they are going to blow your money below margin of operations for years to come, would you feel happy about it?

Do you prefer to be the dumper or the dumpee? Because I prefer to be the latter.

> Unlike with cloud services (the other example) it's much harder for competition to Uber to reappear once it's disappeared.

It's just a car. Its super easy to break into that market. And there are competitors. They do not have a sustainable monopoly.

1 comments

If they weren't they wouldn't let them do it. Maybe amateur investors will get upset, but as I said in another comment the pros know that this tactic will not only scare off competition, this will scare off potential competition.

Few will fund a company to compete against an incumbent who is large and powerful enough to do this to you. There are other battles to be fought, so why risk it?

I wouldn't compete against someone stabbing himself either...