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Re:Silicon Valley Venture Capitalists Prepare for an I.P.O. ... by BurningFrog on Sunday April 15, 2018 @11:15PM (#16846444)
I just don't get where the money goes if that's true.

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?

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!