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A comment on Slack’s Shares Plunge After It Predicts a Larger Loss. Parent comment

Re:Slack’s Shares Plunge After It Predicts a Larger Loss by conception on Thursday September 05, 2019 @10:00AM (#20886694)
It loses money. A lot of it.
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by swarnie_ on Thursday September 05, 2019 @10:11AM (#20886812)
Isn't that the majority of modern tech companies? Take something which is marginally profitable, scale it beyond all comprehension and make it unprofitable.

I didn't see the need for a global digitised cab company but it didn't stop two companies burning $30 billion to try and make it happen.

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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by mav3rick on Thursday September 05, 2019 @10:39PM (#20892574)
Your view is parochial. A lot of people can't live without Uber and Lyft now. It seems arcane calling a cab company or waiting till one magically appears near you.
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by josteink on Friday September 06, 2019 @12:58AM (#20893200)
It doesn’t cost $30 billion for a cab company to build an app though.
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by mav3rick on Friday September 06, 2019 @01:55AM (#20893403)
Everything seems easy behind a computer..
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by repolfx on Friday September 06, 2019 @08:08AM (#20894886)
No, he's right. Uber loses billions because they subsidise rides. That's easy. Anyone can sell a dollar for 80 cents.
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by mav3rick on Friday September 06, 2019 @02:48PM (#20898599)
Please do that and get investors to fund you for a long period of time.
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Re:Slack’s Shares Plunge After It Predicts a Larger Loss by repolfx on Monday September 09, 2019 @05:55AM (#20916690)
Honestly it's sometimes been tempting when you look at things like Uber. How long have they been around now? No signs of investors pulling the plug yet. How long is a long time?
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