Re:Uber, losing billions, freezes engineering hires
by TheGrassyKnoll on Sunday August 11, 2019 @12:32PM
(#20668882)
FYI, Dropbox (DBX) is now trading below its IPO price.
https://finance.yahoo.com/quote/DBX?ltr=1
I agree with you on the fact that there's a huge amount of potential to improve upon existing systems of producing and delivering food to people, transporting people from point A to point B, and so on.
Where I think our opinions differ is that I'm way more cynical in the ability for these first-mover advantage companies to deliver substantial value in a way that will make them profitable and sustainable in the long run.
I may be wrong though, and no one wants to be the guy who made that Dropbox comment on HN a decade ago about why it's useless. But I stand by my opinion and when it's proven I'm wrong I will eat my words without complaining.