[–] njarboe 7y ago ↗ "Uber revenue growth slowed in the third quarter to 38 percent. It lost $1.1 billion on revenue of $2.95 billion."Interesting world where a company is valued at around a $100 billion, has consistent losses around 1/3 of revenues, can hope to have a successful IPO. [–] ohiovr 7y ago ↗ If the markets don’t have much appetite for mega money losers it will have chilling effects for the huge lot of them that have been waiting for their IPO day in the sun.
[–] ohiovr 7y ago ↗ If the markets don’t have much appetite for mega money losers it will have chilling effects for the huge lot of them that have been waiting for their IPO day in the sun.
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[ 4.4 ms ] story [ 21.0 ms ] threadInteresting world where a company is valued at around a $100 billion, has consistent losses around 1/3 of revenues, can hope to have a successful IPO.