News for hackers. Stuff that matters.
Re:Uber S-1 by killyp on Thursday April 11, 2019 @09:57PM (#19641243)
ie MoviePass. As soon as a unprofitable company loses its investor backing it doesn't matter if they control the majority of the market, they are still doomed.
Re:Uber S-1 by vadym909 on Thursday April 11, 2019 @11:07PM (#19641595)
No different than airlines. You are only as profitable as your dumbest competitor- someone wise once said