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A comment on Uber Confirms New $1.2B Funding Round, Looks to Asia for Expansion. Parent comment

Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by untog on Thursday December 04, 2014 @01:45PM (#8700895)
As I said in the original post, by using VC cash to undercut competition and drive them out of business.
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Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by icebraining on Thursday December 04, 2014 @02:00PM (#8700970)
And others can't get VC cash, why?
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Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ... by untog on Thursday December 04, 2014 @02:12PM (#8701025)
VC cash isn't infinite, and the amount available today won't last indefinitely. And are many VCs really likely to invest in a new startup when Uber just got over a billion dollars of cash? You can be as innovative and disruptive as you want, you're still going to have an extremely hard time beating a company with $1.2bn in the bank.
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