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Re:Why I don't believe in Uber's Success by vadym909 on Thursday January 19, 2017 @01:24PM (#13438069)
So then Amazon is not a success either?
Re:Why I don't believe in Uber's Success by bobbytherobot on Thursday January 19, 2017 @01:50PM (#13438367)
First off, Amazon never lost a billion dollars in a single year.

More importantly, Amazon could have been profitable for much of the time. Amazon was losing money because they were taking the profits from they successful ventures and pouring it into new ventures.

With Uber, what change do they make right now to switch to a very profitable company? Amazon had that option, Uber does not.

Re:Why I don't believe in Uber's Success by mdonahoe on Friday January 20, 2017 @03:46AM (#13442455)
...Increase prices?
Re:Why I don't believe in Uber's Success by tptacek on Thursday January 19, 2017 @03:35PM (#13439234)
Amazon's position in the market is so weird that Matt Levine calls it a charity for the American consumer sponsored by the stock market. But it's at least clear how Amazon could generate money long-term; if it wasn't, nobody would invest in it.
Re:Why I don't believe in Uber's Success by tedunangst on Thursday January 19, 2017 @05:22PM (#13440008)
I think you mean Yglesias?
Re:Why I don't believe in Uber's Success by wolf550e on Friday January 20, 2017 @12:52PM (#13445507)
Re:Why I don't believe in Uber's Success by mcguire on Thursday January 19, 2017 @01:40PM (#13438263)
Can you explain what Amazon's end game will be?
Re:Why I don't believe in Uber's Success by DasIch on Thursday January 19, 2017 @04:31PM (#13439676)
Amazon's endgame is to become the retailer, the only one.
Re:Why I don't believe in Uber's Success by ahuja_s on Thursday January 19, 2017 @02:52PM (#13438921)
It's customers are fucking g happy. What's the end game you're talking about? Have you invested into them? As a customer I LOVE them. As a student, I studied them in HBX.
Re:Why I don't believe in Uber's Success by mcguire on Thursday January 19, 2017 @03:12PM (#13439092)
In 2015, Amazon made $596,000,000 on revenues of $107,006,000,000, or a profit margin of 0.6%. In 2012 and 2014, it lost money. How long should investors wait to see a real profit? Should they expect revenue growth to continue indefinitely?
Re:Why I don't believe in Uber's Success by jrockway on Thursday January 19, 2017 @08:41PM (#13441123)
How much profit should they make?

If there was a machine where you could insert a 20 dollar bill and it spit out the 20 and an additional 12 cents, would you not use that machine?

How much would you pay to buy one?

Re:Why I don't believe in Uber's Success by DontGiveTwoFlux on Friday January 20, 2017 @12:27AM (#13441886)
Except that if you buy the Berkshire Hathaway machine you'll put in $20 and get back a dollar.
Re:Why I don't believe in Uber's Success by sk5t on Friday January 20, 2017 @07:57PM (#13448178)
I dunno, how much money would you keep in a savings account that yields 0.5% APR?