“Twitter, like many Silicon Valley tech companies, also imports plenty of talent from elsewhere in the world”

There was a time when Uber was more expensive than taxis, at least in Atlanta. I still preferred them to taxis.

Possibly because they are tackling issues that VCs and other similar people have been trying to deal with. “How to bypass laws and regulations without getting thrown in prison?”

Bc 95% of the investors are liberal companies and the liberal media turns a blind eye to their failing business model.

Its a common problem that’s been discussed in many, many behavioral economics papers. Uber’s hardly the biggest example - many other companies (eg Tesla, Snapchat) enjoy insane valuations purely on account of narrative driven investment theses that are completely disconnected from the financial fundamentals…

Lots of innovative things lose vast amounts of money to gain market share. - look at Netflix, or Amazon’s various endeavors. That in itself isn’t bad.

Market share is more important in the early years. Build the customer base before you decide to make a real profit from it plus there’s R&D expenses into things like autonomous driving and testing food delivery service holding profits back. Ideally, Uber ends up like Facebook with a revenue streams and a controlling…

A lot of the country doesn’t really have a functional system of cabs or public transport.

The largest part of ubers “losses” is apparently just throwing incentives etc at their drivers to try to stem the flow, their own iffy numbers from about 4 years ago showed 10% quit in the first 4 weeks, 33% within the first 6 months, 50% inside the first year, and they’ve only screwed their drivers even harder since…

Closer to $4B last year.

Like, if you took out a small business loan to open up a McDonald’s franchise and then used half of that money to buy a house and a boat and a Porsche, how receptive do you think the bank would be to your argument that “I have to seem super-rich so another bank will give me a second loan! and a third, and a fourth...”

so Apple... gave them a stern talking to???

Welcome to venture capitalism and why their promise of meritocracy is bullshit.

I don’t doubt that eventually they will.

I can’t wait till the Theranos story moves from a case of business reporting to one of crime reporting. We all know it’s coming; the only reason it hasn’t happened is that the founder was annointed as One Of The Chosen Ones and dumping on her as a deliberate criminal would indict the entire power structure of Silicon…

That’s exactly what I’m talking about. The heat and pressure causes the rock to “flow” and it began squeezing the borehole shut. I use parentheses because the rock, as far as you would be able to tell if you could somehow bring up a chunk to the surface and have it keep the same behavior, would appear to be solid to…

^ *Turns on basic bitch voice*

I bet they’ve implemented it in secret on all those note 7s and the poor thing just decided to commit suicide.

Is it me? Why oh why is this even a thing? With all the bad things going on in the world around diseases, cancer and the like, why are we spending millions of dollars on freaking Dolphin vaginas? Seriously, give your head a shake and lets set some real priorities here.