Do they own any of the vehicles?
Nope, Uber is sorta like the middle man
like the guy at the airport that finds you a taxi and guarantees a rate
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Do they own any of the vehicles?
like the guy at the airport that finds you a taxi and guarantees a rateThere's plenty of shytty businesses that make no money and will never make any money. They are usually valued rightfully so. Obviously investors see tremendous growth potential here. If they're not turning a profit, which is an almost certainty, it is irrelevant. It would be irresponsible to not shell out cash to invest in the growth of the business if you're management at this stage of growth. Top line growth and capturing market share is priority #1 here.I mean if I had a business model that got investors to pay me to give away $2 for every $1 I take in I'd see hella growth
Its not wat u make... its wat u pay ur shareholders![]()

There's plenty of shytty businesses that make no money and will never make any money. They are usually valued rightfully so. Obviously investors see tremendous growth potential here. If they're not turning a profit, which is an almost certainty, it is irrelevant. It would be irresponsible to not shell out cash to invest in the growth of the business if you're management at this stage of growth. Top line growth and capturing market share is priority #1 here.
You're free to come up with your own business model breh![]()
I dont come up with the business models- thats what I invest for :scumbag:frankly from my perspective they are not done growing until a true competitor steps up, google is the only hopeful imoI was more referring to his point about assets.
edit: didn't realize it was 200 billion now.
Im still pissed I didnt short FB's IPO
That was easy money
Uber is harder to judge, they dont have an established business model. But unless they are makign $2-3B a year in income, naw I dont trust em either

Profit has to be incredible. They don't even own the vehicles cats drive.Wats the profit lookin like though
What you think about the Starbucks expansion (megastore) in Seattle and 5 year plan ?Shorting a tech IPO is easy money?
You're out of your mind. I'd never take that risk. That's how you end up homeless.
so great that new innovative tech start up companies are making more money than these old wealthy, --oil, railroad, fashion, mining, media families
What you think about the Starbucks expansion (megastore) in Seattle and 5 year plan ?
so great that new innovative tech start up companies are making more money than these old wealthy, --oil, railroad, fashion, mining, media families
Breh, it's these old wealthy investing in Uber. Uber is only worth 41B because of venture capitalist overvaluing it for went it choses to go public
New line of upscale Starbucks stores to take coffee to luxurious heightsI haven't even paid attention to it. What are they doing?
This.
Who do you think benefits when a company IPOs? The early employees. The venture capitalists. The institutions. And the rich institutional clients who have old money to get IPO share access.
http://www.washingtonpost.com/busin...871150-7ca3-11e4-b821-503cc7efed9e_story.htmltarbucks has opened the first in a line of upscale stores pushing some of the rarest types of coffee from around the world, starting with a Willy Wonka-esque roastery and retail behemoth in the Capitol Hill neighborhood — not of the District — but of Seattle.
Soon, though, there may be one near our own Capitol Hill.
The company opened the doors Friday to its first Starbucks Reserve Roastery and Tasting Room, the flagship location for what executives envision as a chain of at least 100 high-end stores selling only the company’s limited reserve coffee.
is facebook worth $100 billion?
You're watching the Closing Bell on CNBC too?
Do they own any of the vehicles?