Boston chose Luccino.
Boston chose Luccino.
The ACA was doomed as soon as it eliminated the ability for insurance companies to pool by risks (pre-existing conditions). Insurance can’t work that way so we got insurance for sick people and it’s being priced that way.
It can’t be worse than Obamacare. My $5k deductible insurance went from $400 a month to $1800 a month on Obamacare, since I couldn’t afford that I’m now getting penalized a thousand dollars on my taxes.
Steve Jobs didn’t control the majority of voting shares for the company he founded, the founders of Uber do.
So you are saying all European cars have the quality of Maserati? Wow.
And if we had just stayed out of the Middle East, how many trillions could we have saved?
We only have ten 100,000 ton carriers, no other country has a single carrier more than half that size. It’s not just that we have as many carriers as the rest of world combined, we have close to triple their carrier tonnage.
They both fill up a stat line because they control the ball for two mediocre teams and get as many touches as they want. I believe those stats are skewed by that, and neither plays a lick of D. I was talking about Kawhi.
Giving Westbrook the MVP would be as unjust as giving Miggy the MVP after winning the triple crown. He already has a historic accomplishment, he doesn’t need someone else’s trophy to validate it.
I agree with the bankruptcy protection need. For years I always paid $400 a month for a $5k deductible plan so my family would have protection, if one of us got very sick we wouldn’t lose our savings. Then Obamacare came along and it’s cheapest $5k deductible plan was suddenly $1,100 a month, and the next year…
Because they have full time jobs? I don’t ask my wife to come to my office and do 50% of my job.
You missed my point. It’s been widely reported that Uber’s capital structure vests the majority of votes in Kalanick and his co-founder’s shares. The VC’s can’t do anything other than offer him advice at this point, they’ll lose every shareholder and board vote. When Uber actually needs another round of financing they…
It’s impossible for outsiders to know. But looking at the costs of the ride share business it should be easily profitable once built out in each country. The web application back end is easily amortized over billions of transactions and should only cost pennies per ride. Marketing costs should be reasonable, they are…
The VCs don’t control sh*t at Uber, or Kalanick would be out already. He and his co-founder control the company through a dual voting structure. VC money has its rights, but that is limited to participation rights in future funding rounds and preferential repayment in a fire sale. I’ve only done 4 VC rounds myself and…
35 in a 30? I’ve never driven so slow.
The coast guard wish list sounds expensive. Can’t we just fart and exhale more?
Most of this is untrue. They’ve raised $15B in equity that doesn’t have to be repaid, they only have $1B in debt. The cost of their data centers is minuscule in relation to revenues and future revenues. They are spending a ton on growing into new markets and businesses. While I think the side businesses are mostly…
What about other business units and new market development costs? How close to profitability is their US ride-sharing?
Again they claim profitability in US and the losses are startup costs for new markets businesses. Gawker can’t rebut that because it’s unlikely the leaked financials break down spending/revenues by geography and business units.
It’s unclear this is true. If they have $100M in revenues in one country and $100M in costs, they are breaking even. If they also spend $200M expanding to ten new countries by hiring staff and drivers and offering deals to customers as promotions so they only have $80m in revenues in those new markets, it looks like…