Uber's cash-burn keeps gathering speed - The Australian Financial Review

in #crypto5 years ago

Uber's cash-burn keeps gathering speed - The Australian Financial Review

https://static.ffx.io/images/$zoom_0.2279%2C$multiply_0.7554296506137866%2C$ratio_1.777778%2C$width_1059%2C$x_199%2C$y_0/t_crop_custom/t_sharpen%2Cq_auto%2Cf_auto/09ec52abbe203c70ea539b7a0c96b1b85ccccb96

Click here to read source article from Australian Financial Review

Summary

Losses at the ride-sharing company will continue to mount for as long as it fails to recognise the breadth of the competition.

My Thoughts

Thought this was interesting and thought I'd share. See the source for full details.

Quote of the Day

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

-Warren Buffet

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