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Re:Uber's billion-dollar losses expose the fragile state of ... by iaw on Friday September 16, 2016 @04:07PM (#12516944)
> Are there statistics about this?

It's actually fundamental to Portfolio management theory. [0]

> That actually seems like a good thing.

Maybe, I don't know. Uber engages in some aggressively competitive business practices, it's possible that because of their investor subsidies they've been able to undermine a number more possibly sustainable new business models around ride sharing. It's impossible to bootstrap in a market where Uber's a competitor.

[0] https://en.wikipedia.org/wiki/Efficient_frontier

Re:Uber's billion-dollar losses expose the fragile state of ... by peatmoss on Saturday September 17, 2016 @11:19AM (#12520826)
"Aggressively competitive" feels awfully euphemistic given some of their tactics.