But they haven’t lost yet. 400K Uber drivers in the U.S. are making under minimum wage. But sure, if running a sweatshop beats out the taxi model, glorify away.
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Doesn’t matter what I think about the business model. They were wrong.pic.twitter.com/fmH5TCypyO
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I’d hope you’d at least think manipulating hundreds of thousands of workers is wrong. At the very least.
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Manipulating?
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They’ve been caught stealing from drivers. Billions in lawsuits. Yes, manipulative code has/is being written still.
End of conversation
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I read Seeking Alpha articles to remind myself how easy it is to spin a really, really bad investment It's like a scared straight program, except being straight is investing in index funds and drugs are weed stocks
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We are all going to love watching you guys have the same washout effect on college tuition. Hoping it happens just as fast!
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reminds me of this cartoon running off the cliff and realizes it too latepic.twitter.com/ijxhHKY8fC
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You’ll know you’ve hit it but when trad unis start slamming Lambda as being “not academic enough” or “merely a trade school.”
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It happens slow then all at once
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O what sad reality they are experiencing, incumbents arrogance led to their plight.
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Wait till someone rolls thru the real estate industry :)
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High probability he’s short Tesla.
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Wait, what happened with medallion prices between 2012 and 2013? The real story about medallion prices seems to be more about a bubble and a regression to the mean.
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This is one reason for the moratorium on new drivers. It's creating artificial scarcity instead of letting the market seek it's level. I could go on about this for a while, but I'm sure I'd be preaching to the choir and not telling you anything you didn't already know.
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...but...but...but...deep value?! lol.
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