Don’t know if there are people who work at venture capitalist companies here but you are apparently the reason why Uber is crashing with us! https://www.google.com/amp/s/amp.businessinsider.com/mark-cuban-slams-silicon-valley-venture-capital-uber-awful-ipo-2019-5
VCs did what they had to do and actually made money with Uber. The thing that not many have realized is that the core product here is not ride hailing. It's stock arbitrage. You don't need to create a profitable business. You need to create a business that will IPO at the price higher than you paid during investment rounds. Individual investors are not the smartest bunch which helps.
Says the radio on internet guy
The worst thing about successful businessmen is that all people think they’re so intelligent. All Mark Cuban has done is get acquired for a billion dollars and move/invest his money wisely. Tf do we give these people so much credit for? Keeping the economy going? Please.. the 1% control so much. Sorry rant might be unrelated but I feel like everyone get on their knees and opens their mouth when the names Mark Cuban or Elon Musk are mentioned. Y’all should aspire to be more like the late great philosophers. The only true geniuses that walked earth
I’m gonna pass. Unfortunately, people who have built wealth make more of an impact than philosophers. I love philosophy but it just doesn’t hold as much weight in a capitalistic society.