Uber has built up $31.5B in operating losses since 2014

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by joos3 • 3 years ago

7 7 3 years ago

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dotcoma• 3 years ago

We lose a quarter, or two, on the dollar, but we will make it up on volume! ;)

venusenvy47• 3 years ago

That reminds me of this classic SNL commercial for the bank that only provides change: https://youtu.be/KodqIPMbyUg

talldatethrow2• 3 years ago

Who got all this money? The developers? The drivers (uber paying drivers more than they collected from the passenger, back when they subsidized rides)?

mathisfun123• 3 years ago

AWS obviously

stevage• 3 years ago

Passengers.

talldatethrow2• 3 years ago

The passengers don't get any money. The driver got money from Uber and from the passenger. Even if a passenger got a completely free ride, that's the driver getting paid by Uber for a ride he wouldn't have gotten as easily otherwise. So I'd count it as the driver getting paid still by VC money.

simonblack• 3 years ago

The Uber Management people. You can be sure that the Uber management are laughing all the way to their banks. The suckers, the Uber drivers and Uber investors, not so much.

Uber has built up $31.5B in operating losses since 2014

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