Today's Hard|Forum Post
Today's Hard|Forum Post

Monday August 10, 2015

Uber Is Losing A Lot Of Money

Is anyone surprised to learn that Uber loses a lot of money? I don't think Uber really cares as long as investors keep throwing billions at the company.

"Shock, horror, Uber makes a loss," it said. "This is hardly news, and old news at that," it added. "It's a case of business 101: you raise money, you invest money, you grow (hopefully), you make a profit and that generates a return for investors."