Re:Silicon Valley Venture Capitalists Prepare for an I.P.O. ...
by adventured on Monday April 16, 2018 @04:14AM
(#16847432)
16,000 employees. Salaries, benefits.
Global facilities and infrastructure.
Numerous exploratory business ventures, like Uber Eats.
What you're saying is that you've never built a $10 billion sales, global corporation before. Which is very understandable, few have.
Re:Silicon Valley Venture Capitalists Prepare for an I.P.O. ...
by BurningFrog on Monday April 16, 2018 @10:15PM
(#16854886)
> Numerous exploratory business ventures
This is my original point!
If I pay $10 for a ride, $7 goes to the driver, which covers all the cost for the car, gas, his wage etc.
$3 goes to Uber. What marginal costs do the have for my ride that are anywhere close to that?