| ▲ | fooker 16 hours ago | |
It's not the exact same bet, but it rhymes. It worked out for Uber, they are wildly profitable now after spending a decade losing money. Also worked out as Amazon managed to outlast all the dotcom era e-commerce competitors while being unprofitable. | ||
| ▲ | disgruntledphd2 4 hours ago | parent [-] | |
> It worked out for Uber, they are wildly profitable now after spending a decade losing money. Uber have a 10% margin, which is definitely not what I'd consider wildly profitable. (Their post tax numbers look better, because of accumulated losses). | ||