News for hackers. Stuff that matters.
Re:Uber Lays Off 400 by sprafa on Monday July 29, 2019 @08:19PM (#20560921)
In London Uber is unravelling already. Here Citymapper is the default transit app and Uber is just one of the options listed. The transfer cost for a customer changing app is 0. We keep saying we’re “not sure” whether Uber will have customer retention... no, of course it won’t! Unless they change their model, they’re the biggest VC folly in recent times. Just proves how overheated the market become when F/A/G acquired everything in the market that competes with them, leaving ridiculous Vc money to flow to dumb ideas like Uber.
Re:Uber Lays Off 400 by ddalex on Tuesday July 30, 2019 @02:32AM (#20562545)
no VC money anylonger, now it's stock market money, i.e. our pension funds
Re:Uber Lays Off 400 by VRay on Tuesday July 30, 2019 @04:41AM (#20563117)
Wait, you guys get pension funds?