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Re:Waymo says insurance data shows its driverless cars are s... by fshbbdssbbgdd on Wednesday October 25, 2023 @03:00AM (#38010018)
People heard the news Uber is profitable these days, right? The plan worked.

Turns out, the fixed cost of technology has less of an impact on your margin when amortized across a larger business. So growing by losing money can make you more profitable later.

Re:Waymo says insurance data shows its driverless cars are s... by robertlagrant on Wednesday October 25, 2023 @04:44AM (#38010661)
I don't know the details, but I heard Uber Eats is what tipped them into profitability.