Re:America has a monopoly problem
by emodendroket on Tuesday October 24, 2017 @03:35PM
(#15544541)
I think they're likely overvalued too, but it seems to be an obvious counterexample of the claims about investor behavior regardless.
Uber should be a case study that burning up billions in investor money (billions wasted on trying to underprice Didi in China) was a colossal mistake. How much of that bad strategy is blamed on Travis's vs investors is something we won't know until a tell-all book comes out.