Re:Why I don't believe in Uber's Success
by jayjay71 on Friday January 20, 2017 @08:41AM
(#13443683)
> (Amazon) didn't need huge outside cash injections like Uber
Amazon and Uber are very different companies, but this wildly oversimplifies the financing of Amazon. Amazon has taken on many billions of dollars in debt over the years in order to operate. If you add it all up, Amazon has taken (in very different terms) about as much money as Uber.
Amazon and Uber are very different companies, but this wildly oversimplifies the financing of Amazon. Amazon has taken on many billions of dollars in debt over the years in order to operate. If you add it all up, Amazon has taken (in very different terms) about as much money as Uber.
https://www.bloomberg.com/news/articles/2014-12-02/amazon-se...