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by lhorie
1162 days ago
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I mean, the latest earnings guidance was saying Uber was expecting to be GAAP profitable on an operating basis by the end of year (it already was profitable on an EBITDA basis for a while, and it was technically GAAP profitable on an overall basis in Q1 due to some equity appreciation). It's currently rolling out ads, which is known in the tech industry to be a high margin source of revenue, and if you google Uber in the news these days you'll see a plethora of other things coming to fruition that would simply never have happened under the taxi oligarchy. I think latching on to the talking points from 8 years ago is not doing enough justice to how much Uber changed since then. |
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I am specifically talking a person about their experience working there at that time. This conversation is not about if Uber has changed or how bad the taxi industry was, this conversation is about 'can you be a good person while working for a corporation which is recklessly disregarding important social structures in order to maximize profit without concern for consequences'.
EDIT: I realize now I should have more clear with my tenses.