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Re:One-quarter of Uber's business happens in just five cities by kevin_thibedeau on Friday April 12, 2019 @03:36PM (#19648270)
Their business model is unconstrained growth to funnel money into side projects. That can't persist forever. If they just stuck to their core business they could easily be profitable as taxi 2.0.
Re:One-quarter of Uber's business happens in just five cities by pwinnski on Friday April 12, 2019 @03:56PM (#19648427)
Is the net cost of these "side projects" greater than the $1.8B Uber is losing? I'm missing that in the S-1 if so.