rat king 🐀

@MikeIsaac ↗

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Last Checked Nov. 27, 2019

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Thu Aug 29 16:29:50 +0000 2019

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rat king 🐀 @MikeIsaac

the company's early thesis — that raising enormous amounts of capital is a "moat" that makes the business defensible — no longer bears out in a world with myriad competitors and near limitless sources of funding (hello, softbank) but the NEW admin is taking steps to change that — PolitiTweet.org

Posted Aug. 29, 2019 Hibernated

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rat king 🐀 @MikeIsaac

while im hard on uber i want to acknowledge some positive points: 1. losses are abating in the core ride-hailing biz 2. the 5+ billion loss of the last quarter is only temporarily high because of a number of one-time expenses, including stock comp payouts for a decade of hires — PolitiTweet.org

Posted Aug. 29, 2019 Hibernated

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rat king 🐀 @MikeIsaac

that includes the "uber is like amazon" analogy, from the roadshow (see link) brand rebuilding will take a while but has made headway their play at building out a "platform" is nascent but growing. and Uber Eats, while a cash suck, is growing rapidly https://t.co/hw3yospuz9 — PolitiTweet.org

Posted Aug. 29, 2019 Hibernated