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by eighthnate
3120 days ago
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> Can't Uber continue to operate at a loss for a few years until they can switch drivers for self-driving vehicles and significantly reduce cost instantly? Sure. Uber can survive years/decades through losses if wall street/hedge funds/big boys are determined to carry Uber for years/decades. The big boys were willing to carry amazon because it was continually growing and establishing a monopolistic position. The question is whether the big boys believe Uber can continue to grow and establish a monopoly. |
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