Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares

Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by AnimalMuppet on Thursday November 30, 2017 @12:10PM (#15817368)

Waymo won't bankrupt Uber. If Uber loses, they will appeal. Uber will run out of runway for other reasons before they're done with the appeal.

What a loss to Waymo might do is make an Uber IPO much less attractive. It might even be the difference between an IPO happening and not happening. And that might be the difference between Uber getting another year or two of runway and them dying in 2018.

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by DannyBee on Thursday November 30, 2017 @01:12PM (#15818009)

"Waymo won't bankrupt Uber. If Uber loses, they will appeal. "

So? They'd almost certainly be forced to put up a very large bond to do that, assuming they can get it.

In some jurisdictions, this can be 100% of judgement + interest. IIRC, in the 9th circuit, it's at the discretion of district courts, but given the financial situation, if they did have a multi-billion judgement against them, and not a lot of runway, what makes you think a judge won't make them put up a full bond to appeal?

These cases actually often do bankrupt businesses, and the predatory lawsuit creditors take over (though usually that happens more in patent cases) :)

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by fstuff on Thursday November 30, 2017 @07:08PM (#15820845)

If they lose they could be forced shut down they're AV research. I don't think the judge would let them continue using waymo's tech while uber appeals

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Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares by Analemma_ on Thursday November 30, 2017 @01:43PM (#15818310)

If you lose a judgement, you still have to post a bond before you can appeal.

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