Re:The Uber Bubble
by kristofferR on Monday April 18, 2022 @11:11AM
(#31071756)
The wealth transfer has been to the passengers though, as this article points out repeatedly Uber isn't earning money.
[ Parent
| on HN ]
I was thinking of their employees and technology vendors, as well as any open source projects they contribute to.
The point is that there must be some awfully huge payoff to make burning billions of dollars as an upfront investment worth it.