Re:Silicon Valley Startups Awash in Dollars, Again (2007)
by matwood on Sunday October 13, 2019 @10:03AM
(#21240388)
Check out Scott Galloway on Twitter (https://twitter.com/profgalloway) and his website (linked from his Twitter bio). He's been calling out Uber and We for awhile. He has also had some heated exchanges with SV VCs on Twitter.
In the case of We I think you are being too generous thinking the IPO is only delayed. The S1 pulled the covers back, and I'm not sure it will ever IPO and may end up out of business.
Uber is not in a much better position, as their financials only work by significantly raising prices and/or driverless self-driving coming to market. I think the later is much farther away than people assume.
In the case of We I think you are being too generous thinking the IPO is only delayed. The S1 pulled the covers back, and I'm not sure it will ever IPO and may end up out of business.
Uber is not in a much better position, as their financials only work by significantly raising prices and/or driverless self-driving coming to market. I think the later is much farther away than people assume.