News for hackers. Stuff that matters.

A comment on Uber opens at $42 per share. Parent comment

Re:Uber opens at $42 per share by gniv on Friday May 10, 2019 @05:14PM (#19882303)
> Uber isn't rolling profit back into the company like Amazon

They kind of are. It’s just a matter of timing. They are rolling future profits, bankrolled by VC.

[ Parent | on HN ]
Re:Uber opens at $42 per share by adjkant on Friday May 10, 2019 @05:21PM (#19882367)
And betting those profits come in the process. Huge difference.
[ Parent | on HN ]