Re:Will Uber Ever Stop the Bleeding?
by AnimalMuppet on Friday December 01, 2017 @03:35PM
(#15827150)
> Did we not ask the same questions about Amazon and now they proved they knew what they were doing?
Yes. They never came close to bleeding money at the rate that Uber is, though.
> Can't Uber continue to operate at a loss for a few years until they can switch drivers for self-driving vehicles and significantly reduce cost instantly?
No. They don't have years, at least not without raising more money. And when you start looking like you won't survive, raising more money becomes much harder.
Yes. They never came close to bleeding money at the rate that Uber is, though.
> Can't Uber continue to operate at a loss for a few years until they can switch drivers for self-driving vehicles and significantly reduce cost instantly?
No. They don't have years, at least not without raising more money. And when you start looking like you won't survive, raising more money becomes much harder.