Re:Uber is laying off 3,700, as rides plummet due to Covid-19
by scarface74 on Wednesday May 06, 2020 @02:45PM
(#23094779)
I’m not cherry picking data. Look at the top profitable tech companies today and compare the amount of money invested in them before they became profitable to the Uber and Lyft’s of today.
Amazon is the outlier when it comes to the lack of GAAP profitability for years, but even it was cash flow positive.
Amazon is the outlier when it comes to the lack of GAAP profitability for years, but even it was cash flow positive.