Valued at $70 Billion. Are you f**king kidding me? Fantasy numbers
So fantasy losses.
The pitch was more like
"It'll cost a bit but we'll be able but by the end we'll most of the taxi business in most of the world. We'll be the Amazon of the taxi business and then you'll really see some money being made."
Note that at no time did I mention the word "monopoly" in this because that would be, y'know, illegal.
TL;DR Vulture capitalist thinks they got high investment/low risk/high profit deal. They didn't.
Biting the hand that feeds IT
