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> There are so many good examples (like Uber) Last I checked their figures (just now) I don't think Uber is a great example. Never yet made a profit, living of
by drpixie 3y ago
> There are so many good examples (like Uber)
Last I checked their figures (just now) I don't think Uber is a great example. Never yet made a profit, living off capital and their VC gamblers.
Agree they did have billions of income. But it cost them MORE billions to get there. They can't (yet, if ever) be considered a successful business - at best they are potentially successful.
- oersted 3y agoI think you misunderstood. He is saying that Uber is a better example of such a failure, not that it is a better business. Alphabet, Meta and MS at least have vast profits in the present, not just potential, so they are indeed "better" businesses than Uber, as you say, and thus bad examples to make this point.