Uber net loss is in the billions every year, and a good portion of that is reflected in reduction of cash at hand. By this rate it will run out of cash in 2 years or so, or having to sell their equity stakes in didi, grab, aurora for more cash etc.
Then I am seeing big offers here with top numbers. How does Uber still manage to give out those? RSU may be at zero cost with share dilution (10% more shares are created since Uber IPO) but they still got to pay those expensive engineers base salary & bonus.
Have the finance team done any math ?
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Yes regulation is still a risk but not enough to make me worry. Uber could have different modes to offer for different regulation outcomes