Tech Industry
13h
3327
11 offers to laid off[UPDATE]: 5 offers
India
Yesterday
646
Duniya me Vishwaguru ka Danka
Ask Blinders
Yesterday
1450
Top red flags in guy to see before saying yes to marriage (arranged)
Tech Industry
8h
315
Would you join TikTok for 2x tc?
Personal Finance
Yesterday
1355
Are we ready to buy our forever home?
At this point, who do you think has a more promising future?
Is that even a question?
I think Uber is more effective in turns of company management. Fb has problems every the other week
What kind of problem? Uber also has more pressing problems like no positive revenue?
Losing is normal for Uber. And fb has solid earnings for sure. But the question is asking about future where I think company management comes to the play.
Fb
FB keeps getting shit on but continues to get more profitable. There is no comparison here
Well that's vs getting shit on and continuing to fail reaching profitability
Uber
Uber has more potential due to the (theoretically) addressable market size lol. But “promising” future? Hard to beat FB’s huge positive cash flow
I heard a very interesting argument against the "addressable market theory", would be interested in getting your perspective on it. The argument is if the addressable market is say 12T as the company claims, it means that company has only achieved 0.1% market share (assuming 12B in revenue). In that case, the company should be growing in triple digits rate, but it seems the growth is slower than many other big players with revenue 10x that of Uber.
Uber’s network effect isn’t as easily scalable as Google or Facebook. We rely on operations and regulation heavily. 2017 definitely didn’t help either. IMO the growth of revenue has been limited because we needed to focus on the IPO - meaning consolidate non-profitable markets, as well as strong US dollars. I’m confident we’ll get our growth back
"Uber will be a 200bn company soon" -- Uber recruiter to me 2 years ago Only other recruiter who told me such BS was from Amazon. Take the Amazon offer because Amazon will double in 3 years (despite their TC lower than FB)
Ah, that's a good one. Did they also bother to mention that if AMZN actually does double, you get a 0.4% base raise (or 0%, if you're at the base cap) and no RSU refreshers whatsoever?
How that’s even a question
What’s the answer?