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A comment on Uber, losing billions, freezes engineering hires. Parent comment

Re:Uber, losing billions, freezes engineering hires by badfrog on Sunday August 11, 2019 @12:26AM (#20666232)
> Still, tons of bad news is still a ton of bad news.

I think the point is that it's not bad news. Losing money can be good for a company if it's being done in a way that leads to long-term growth. Amazon didn't have a profitable quarter for ~7 years after its IPO: https://www.theatlas.com/charts/BJjuqbWLz

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Re:Uber, losing billions, freezes engineering hires by Barrin92 on Sunday August 11, 2019 @06:12AM (#20667405)
Amazon also actually owned assets and supply chains instead of owning nothing apart from an app on a phone that countless of competitors have already copied.
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Re:Uber, losing billions, freezes engineering hires by leannekim on Sunday August 11, 2019 @02:49AM (#20666738)
> Losing money can be good for a company if it's being done in a way that leads to long-term growth.

I guess. But being profitable while growing is better.

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