Wednesday, May 31, 2017

Taxi company loses 3/4 billion dollars

Uber said it lost $700 million in Q1 and it's looking for a public company CFO as its head of finance leaves

So, the idea of using your phone to call San Francisco and order a cab to take you across town in Wichita, Kansas.  Consider me confused, where is the value added?  

This is like Tesla, building a company based on bankrupt California subsidies. Some things do not make sense in Silicon Valley, some of it is more like three stooges.

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