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Old September 26th 16, 11:54 AM posted to uk.transport.london
Recliner[_3_] Recliner[_3_] is offline
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Default Is Uber Bleeding to Death?

On Mon, 26 Sep 2016 12:06:13 +0100, Roland Perry
wrote:

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.


Of course, Twitter had a successful IPO, so the VCs have already got
their return. It's the later TWTR investors who are hoping for a
generous buyout. But the company is making money, albeit much less
than hoped-for:

"The company posted second-quarter adjusted earnings of 13 cents a
share on revenue of $602 million. Wall Street expected it to post
earnings of 10 cents a share on revenue of $607 million, according to
a Thomson Reuters consensus estimate. Profit per share was up from 7
cents a year earlier, and revenue rose 20 percent."

http://www.cnbc.com/2016/07/26/twitt...-earnings.html