Re:Uber Posts $708M Loss as Finance Head Leaves
by beager on Wednesday May 31, 2017 @10:22PM
(#14457505)
With respect to the second point about hugely wealthy foreign investors parking cash in Uber-like companies, consider that the risk profile of a highly visible company like Uber with very high-volume cash flow, unprofitable though they may be, can often be much lower than the risk profile of keeping the money in the source nation's domestic vehicles. See also: foreign money parked in absurd condos in NYC.
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