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A comment on Uber discovered they’d been defrauded out of 2/3 of their ad spend. Parent comment

Re:Uber discovered they’d been defrauded out of 2/3 of their... by karaterobot on Sunday January 03, 2021 @03:45PM (#25625065)
Did they leave the industry because they realized their product wasn't providing a positive ROI, or were they fired for pointing that out to other people? I think the former is probably what you mean, I just want to be sure.
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Re:Uber discovered they’d been defrauded out of 2/3 of their... by ben509 on Sunday January 03, 2021 @05:26PM (#25625803)
Yeah, it could be that many startups try to do advertising ethically, realize that it doesn't work, and drop out. That's necessarily going to leave all the firms willing to sell snake oil behind.

You can get firms selling stuff that doesn't work that are "trusted" simply because they've been around for years; there are plenty of distinguished brands selling homeopathic remedies, audiophile speaker cables, timeshares and MLM schemes.

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Re:Uber discovered they’d been defrauded out of 2/3 of their... by rm999 on Sunday January 03, 2021 @03:54PM (#25625150)
Good question. In the first case it was left vague but I understood it as being fired and then not trying to find a new ad tech job. In the case of my team it was finding better industries to work in.
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