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A comment on Uber's billion-dollar losses expose the fragile state of the on-demand economy. Parent comment

Re:Uber's billion-dollar losses expose the fragile state of ... by jsprogrammer on Friday September 16, 2016 @01:36PM (#12515741)
> their money ends up subsidising a 10 minute taxi ride and being lost forever.

What? Uber is just a black hole? What about the driver? Who received most of that money for their services? That driver can now use that money to invest in the way they wish.

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Re:Uber's billion-dollar losses expose the fragile state of ... by adwn on Friday September 16, 2016 @02:40PM (#12516259)
> What? Uber is just a black hole?

No, obviously zigzigzag was describing the perspective of the investors. The implication is that their return on investment is lower than the investment, i.e. their money is "lost forever".

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Re:Uber's billion-dollar losses expose the fragile state of ... by jsprogrammer on Friday September 16, 2016 @02:43PM (#12516289)
Do the drivers go away? Perhaps one will give an investor a lift one day.
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Re:Uber's billion-dollar losses expose the fragile state of ... by tedunangst on Friday September 16, 2016 @03:56PM (#12516845)
Rather expensive way to get a lift. It would be cheaper to save the money until you need a ride, then build a bonfire out of cash to attract attention and hail a cab.
[ Parent | on HN ]