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0 pointsscarface746y ago0 comments

Uber lost over $5 billion in one quarter. They can’t afford too much of anything.

https://www.theverge.com/2019/8/8/20793793/uber-5-billion-qu...

0 comments

Uber didn’t lose $5B in cash. They lost $1.3B in cash at most. Stock based compensation is a cost, but different than straight up losing money.

scarface74OP6y ago

At the end of the day, if it's part of compensation that they have to pay, doesn't matter? And losing $1.3B is not inconsequential no matter how you look at it.

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0 pointsscarface746y ago0 comments

Uber lost over $5 billion in one quarter. They can’t afford too much of anything.

https://www.theverge.com/2019/8/8/20793793/uber-5-billion-qu...

0 comments

skinnymuch6y ago

Uber didn’t lose $5B in cash. They lost $1.3B in cash at most. Stock based compensation is a cost, but different than straight up losing money.

scarface74OP6y ago

At the end of the day, if it's part of compensation that they have to pay, doesn't matter? And losing $1.3B is not inconsequential no matter how you look at it.

j / k navigate · click thread line to collapse