Yes, Uber is close to break-even and they aren't going to just disappear. But there's still a big gap for them to close between "breaking even" and "profitable enough to justify a $50B valuation."
There's plenty of room for a moderate view in which Uber survives as a business but their investors are extremely unhappy.
Yes, Uber is close to break-even and they aren't going to just disappear. But there's still a big gap for them to close between "breaking even" and "profitable enough to justify a $50B valuation."
There's plenty of room for a moderate view in which Uber survives as a business but their investors are extremely unhappy.