It's not the exact same bet, but it rhymes.
It worked out for Uber, they are wildly profitable now after spending a decade losing money.
Also worked out as Amazon managed to outlast all the dotcom era e-commerce competitors while being unprofitable.
It worked out for Uber, they are wildly profitable now after spending a decade losing money.
Also worked out as Amazon managed to outlast all the dotcom era e-commerce competitors while being unprofitable.
Uber have a 10% margin, which is definitely not what I'd consider wildly profitable. (Their post tax numbers look better, because of accumulated losses).