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Re:Uber S-1 by btmiller on Thursday April 11, 2019 @06:08PM (#19639759)
Is there a valid comparison between Uber and a company like Amazon? Amazon's loss leader strategy paid off and they're doing well now, so can Uber "become profitable whenever they want to" and be fine?
Re:Uber S-1 by ithinkinstereo on Thursday April 11, 2019 @07:51PM (#19640484)
Amazon was CF positive and invested it's cash heavily in capital assets (warehouse, etc.). Uber invested (burned) its money on subsidies. Not really a comparable.
Re:Uber S-1 by mrnobody_67 on Thursday April 11, 2019 @10:16PM (#19641346)
Amazon burned less than $100m... it was funded off of positive cashflow... inventory was shipped and paid for by customers, before Amazon had to pay the vendor. It was/is a marvellously capital efficient business.
Re:Uber S-1 by cheerlessbog on Thursday April 11, 2019 @07:13PM (#19640257)
Huge barriers to entry to compete with Amazon (warehouses, tech). Thus no serious direct competitor. Few barriers to entry in ride business (just another app)