Re:The Fall of Silicon Valley
by zepto on Wednesday October 28, 2020 @09:59AM
(#24918776)
Is there anything to this genius other than recognizing that he could get VCs to fund predatory pricing almost indefinitely?
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Kalanick is a billionaire, many employees in SF are multi-millionaires, and millions of drivers around the world made a lot of money driving on the platform and continue to do so. I heard in Brazil, Uber helped 300,000 drivers alone make money during their very deep recession. I think that sounds like a genius to me.
Are all billionaires Geniuses then?
If it turns out in the end to just have been about transferring money from investors to Kalanick and employees, I’ll grant that it’s a clever scheme.
I never said all billionaires are geniuses. You are not engaging in a sincere conversation.