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by pwinnski
1763 days ago
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Even within that defense of Uber is the fact that the company has gone from 6.8B to 4.4B in one year, despite a 1.5B infusion. That... doesn't seem great. If the pushback is that Uber isn't at zero yet, yes, that's true. So mid-2021 was clearly premature. ("The market can remain irrational longer than you can remain solvent") And yes, their revenue is growing. If only revenue were profits! |
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