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| London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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#11
September 26th 16, 11:06 AM
posted to uk.transport.london
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Is Uber Bleeding to Death?
In message , at 09:08:36 on Mon, 26 Sep
2016, tim... remarked: I have already explained, this is risk capital with the backers expecting a return on only 1 in 3 of their investments. Uber has been measured against that criteria. You really can't use the measure that VCs are investing as proof that a venture is guaranteed to be successful. The world is littered with VC failures, including some that required investments in the Billions. How much did Microsoft lose buying Skyp? Twitter is looking for White Knight at the moment, having consistently lost money with no turn-around on the horizon. -- Roland Perry |
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