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A comment on The Uber Bubble. Parent comment

Re:The Uber Bubble by oblio on Sunday April 17, 2022 @06:17PM (#31065028)
> By the measure of establishing a profitable business we might argue that they likely will never achieve that.

A "profitable business" was what we'd call a business, back in the day. Companies weren't able to last 5-10 years of losses.

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Re:The Uber Bubble by jsemrau on Sunday April 17, 2022 @08:46PM (#31066075)
I would argue that they only survived their post IPO valuation because stock markets have been artificially propped up. Interestingly only 25% of shareholders are retail vs 75% institutional.
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