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A comment on America is stuck at home, but food-delivery companies still struggle to profit. Parent comment

Re:America is stuck at home, but food-delivery companies sti... by ggm on Wednesday May 13, 2020 @11:48PM (#23175058)
Several of these sucked the lifeblood out of other income streams, which is just money redistributed not value added.

Several broke regulated public utility or near utility functions like housing and transport.

Some are just scofflaws (uber, Airbnb)

Many are extra territorial trans national tax avoidance

These left and right columns distort the actual net effect on the economy.

Sure: my pension fund will be in all of them

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Re:America is stuck at home, but food-delivery companies sti... by s1artibartfast on Thursday May 14, 2020 @02:48AM (#23176220)
All of that may or may not be true, but the claim was that VCs pumped and dumped the companies on hapless investors, which clearly isn't the case.
[ Parent | on HN ]