Uber Posts $708M Loss as Finance Head Leaves

Re:Uber Posts $708M Loss as Finance Head Leaves by bitJericho on Wednesday May 31, 2017 @08:48PM (#14457094)

I buy gas from across the street for 3 dollars a gallon. I sell it for 2. I sell 1.5 million dollars an hour. My business is doing great.

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Re:Uber Posts $708M Loss as Finance Head Leaves by im3w1l on Thursday June 01, 2017 @03:28AM (#14458569)

I think the problem is that you are not doing any value-add, or refinement. If you were somehow enhancing the gas, at a loss, then the example isn't so ridiculous.

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Re:Uber Posts $708M Loss as Finance Head Leaves by dingo_bat on Wednesday May 31, 2017 @10:06PM (#14457429)

Are you also doing self driving car research from the money?

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Re:Uber Posts $708M Loss as Finance Head Leaves by Marazan on Thursday June 01, 2017 @02:33AM (#14458396)

Do you think Uber has spent 15 billion dollars on research?

I have a bridge to sell you if you do.

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Re:Uber Posts $708M Loss as Finance Head Leaves by dingo_bat on Thursday June 01, 2017 @10:07AM (#14460297)

No, when did I say they spent everything on research? Most of the spending must have been on operating their service.

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Re:Uber Posts $708M Loss as Finance Head Leaves by Marazan on Thursday June 01, 2017 @02:24PM (#14462977)

Uber could have not run a loss making minicab service and spent even more on self driving car research.

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