Any criticism of Dara as a CEO should really be criticism of him as an ex-investment banker. He inherited a bunch of bad, overvalued businesses started by Travis. Given the hand Dara was dealt, I think he's actually done quite well. But... he should have known better.
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If I you let people buy $1 from you for $.50, you too could have an explosive growth business! Impossible unit economics. Exploitative. Built to fail without autonomous driving.
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Agreed it’s a very low gross margin business by design. But it did spawn a whole cottage industry of startups around the world.
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