Is Uber Bleeding to Death?
In message , at 09:08:36 on Mon, 26 Sep
2016, tim... remarked:
I have already explained, this is risk capital with the backers
expecting a return on only 1 in 3 of their investments. Uber has been
measured against that criteria. You really can't use the measure that
VCs are investing as proof that a venture is guaranteed to be
successful. The world is littered with VC failures, including some
that required investments in the Billions. How much did Microsoft lose
buying Skyp?
Twitter is looking for White Knight at the moment, having consistently
lost money with no turn-around on the horizon.
--
Roland Perry
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