I wonder how much of his $1.4B will be spent on lawsuits about harassment and other inappropriate behavior.
He says he is donating it away. So, do the ends justify the means? No one responded to my thread…
I would say no. It was a huge black mark for SV. Oh wait, that company is in SF
Do you want me to post that picture of kids playing t-ball again???
Which thread? Post a link.
Yup, they can’t be profitable without autonomous driving. How likely is it they’ll have autonomous driving solved within 3 years? Didn’t they have to stop working on it, because of the Waymo lawsuit?
How much is Uber worth? Can Alphabet pushes worth of Uber down so low that they can buy it?
The new CEO seems to be making all the right moves. If he continues improving Uber’s partner relations, workplace morale and public perception, this will be a huge bear case for Lyft which has been gaining ground due to Uber’s mis-steps in past 2 years
“Despite a turbulent year for the ride-hailing company, sales were $7.5 billion. But the company also posted a substantial loss of $4.5 billion. There are few historical precedents for the scale of its loss.”
That’s impressive to lose $4.5B on $7.5B of revenue. Maybe if they double proves they could make a profit. I wonder how many people would use Uber if the price was double? They really are dependent on self-driving cars to remain a viable company.
Tesla should buy them so Elon can spin the numbers.
A gamechanger for our favorite whipping boy???
http://www.sfexaminer.com/uber-exploring-low-price-express-pool-service-sfo-amid-national-expansion/
Answer to the question asked @ 1 year back.
People are star struck with the idea of being self employed. I have been self employed for 32 years. Sometimes I work for free. Still better than any 9-5 job.
Looking from the outside(for someone who has always worked for someone else in a 9-6 job) it feels scary, in the sense who will be the customers, will there be customers … what will be the profit margin etc etc…
Being self employed is so much better that you will not mind working for free. I feel like every day is a vacation day. Can’t imagine kissing corporate butt all day long.
Everyone should try it.
Don’t mind me if my kissing is a tad sloppy…