> “The bottom line: A whopping 81% of the $29.55 billion in equity that Uber has raised is underwater,” writes Felix Salmon. “Investors who bought Uber shares 3 years ago have lost 15% of their money, before fees. The opportunity cost is even greater: Investors in the S&P 500 have seen their money grow by 50% over the same period.
Big lolz.
Invest in a hot mega power-brand company that keeps growing
revenue like crazy and still lose money to the mediocre average.