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A comment on Uber, Postmates Agree on $2.65B All-Stock Deal. Parent comment

Re:Uber, Postmates Agree on $2.65B All-Stock Deal by finolex1 on Monday July 06, 2020 @04:32AM (#23745824)
It is not impossible to achieve profitability. Seamless (what used to be every Wall Street Banker's go-to service) was profitable for a long while. Granted, they didn't have the same level of competition we see today.
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Re:Uber, Postmates Agree on $2.65B All-Stock Deal by triangleman on Monday July 06, 2020 @12:19PM (#23749424)
I was looking for a comment mentioning Seamless. This is the best counter example. Note that these guys bootstrapped correctly from the start; as you mentioned, group buys was a great low cost/high margin way to get started.
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