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by itsoktocry
923 days ago
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>One of the pre-requisites for that is being profitable on a GAAP basis. Uber lost money for 22 straight quarters, then made money for the last two. Bit optimistic to think it's smooth sailing from here, in my opinion. I enjoy Uber, the product, but they are middle manning a couple of low margin industries. Hard to imagine it being a multi-hundred-billion dollar company. |
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