Re:Uber is destroying thousands of electric bikes and scoote...
by kikokikokiko on Thursday May 28, 2020 @02:31PM
(#23340678)
Uber should not exist. If it's still alive after the pandemic, it will only be because of governments all around the world forcing the hand of people, with interest rates near zero or even negative, to pour money on unsustainable businesses like this. No company should exist that wastes as much money as Uber, with no path to profit shown till today. Americans 401ks are going to be devastated when this crazy easy money startup frenzy comes to an end on a (increasingly) near future.
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