Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Uber is not a successful for-profit business in the long run as they make no profits; given free money to be able to subsidize what costs there are (and operating on the backs of people who make little themselves) can exist for a long time before failing. In the meantime richly paid executives and well paid employees can milk it for a long time.


And it's not like they become poor or suffer any real consequences when their company fails after never having produced profit ever.


Capitalism without risk is da shizzle, yo.


Exactly what I was referring to. The whole business is broken, it is merely a bet on removing worker rights in the long run and that is what it is valued for.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: