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Re:Uber discovered they’d been defrauded out of 2/3 of their... by karaterobot on Sunday January 03, 2021 @03:53PM (#25625137)
There was a good piece of reportage on this subject last year:

https://thecorrespondent.com/100/the-new-dot-com-bubble-is-h...

Re:Uber discovered they’d been defrauded out of 2/3 of their... by jazzdev on Tuesday January 05, 2021 @10:19PM (#25654361)
This story was on the Freakonomics podcast too. It definitely seems like a bubble, but there's no external pressure to make the bubble pop. With the mortgage crisis, eventually, people can't make the mortgage payments and the bubble bursts. But with people happily spending money on ads that don't work, there's no external pressure to stop. Will this bubble ever burst?