leannekim

Big companies and startups look good by supporting expanded foreign worker programs. It makes them look progressive. It also lowers their costs to have more qualified workers around.

But actually I know many local (US citizen) Silicon Valley programmers who don’t support those programs. They know that more workers means lower salaries for everyone.

> Losing money can be good for a company if it's being done in a way that leads to long-term growth.

I guess. But being profitable while growing is better.

Uber doesn’t HAVE a moat. I use a different ride share service in each European city I travel to, and they each do pretty well.

If all your product does is get you from point A to point B then I don’t care if it’s Uber or BobsRideShare.

And it pollutes the environment with plastic trash and exhaust and CO2

Actually that IS a very profitable business, that is if you can charge people way more than most people are willing to pay.

Ok so there is a backstory behind each piece of bad news. Still, tons of bad news is still a ton of bad news. Most successful businesses should have a string of good news. Especially after being in business for a decade.