Re:Uber Posts First Quarterly Net Profit of $394M
by SV_BubbleTime on Tuesday August 01, 2023 @10:03AM
(#36956078)
I would argue it’s not regression, that it’s normalization. ZIRP is on pause and things need to be profitable right now, I don’t see this as a bad thing in any way.
If the business model doesn’t work, it shouldn’t have money thrown at it.
If the business model doesn’t work, it shouldn’t have money thrown at it.