> The transfer of lousy tech equity to late-stage investors who have been led to believe it's valuable sure looks like a good blow-off to me.
Uber did $8.8b in revenue last quarter is apparently on track to post operating income profitability by the end of the year. Seems like the company still has plenty of value.
Also, this article makes no mention of ZIRP -- which in hindsight is starting to seem like a very large enabler of the subsidization strategies we've seen over the last decade.
Uber did $8.8b in revenue last quarter is apparently on track to post operating income profitability by the end of the year. Seems like the company still has plenty of value.
Also, this article makes no mention of ZIRP -- which in hindsight is starting to seem like a very large enabler of the subsidization strategies we've seen over the last decade.