Hacker News new | ask | show | jobs
by Retric 2940 days ago
Users love the VC's money. Uber handed out multiple billions of dollars subsidizing both riders and drivers from these massive investments, but even smaller investments often mean the same things. From photo sharing to local delivery most of these services are beloved in large part because they don't need to be directly profitable.
1 comments

...yet. "Directly or indirectly profitable" eventually happens.