Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares
by zaphar on Friday December 01, 2017 @10:12AM
(#15824207)
That is exactly his point actually. It's an example of why the model breaks down in reality despite the math working in theory. That's why it's called gambling whether it's a casino or a startup.
It's called a table limit. At one point you just can't raise your bet anymore.