Reply to post: Re: "Uber makes money" It really doesn't.

Taxi for Uber: Ride-hailing app giant stripped of licence to operate in London

Anonymous Coward
Anonymous Coward

Re: "Uber makes money" It really doesn't.

Pyramid scheme. Big VC buys in early then sells on their interest in future profits to smaller mugs ias the hype takes off. When the penny drops and the firm can't get any more funding the big boys are long gone, leaving the small boys out of pocket.

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