On: Uber Posts $708M Loss as Finance Head Leaves

[untilHellbanned]

"Revenue up 18% Loss down 1/3rd 22x+ the revenue of $snap

So much important work left to do, but congrats to the @Uber team."

https://twitter.com/jason/status/870059383765389312

[guelo → untilHellbanned]

Why the silly dig at Snap? If you subtract Snap's employee stock program it lost $200m last quarter which is a lot less than Uber's $700m loss.

[arthurcolle → guelo]

Uber might actually exist in 10 years, the dig at Snap seems extremely fair game in this frothy environment

[guelo → arthurcolle]

At their respective current burn rates they both probably have 3-4 years left.

[wand3r → guelo]

This is a tweet from Calacanis. I think he invested in Uber. I have no idea. Guess is that they are a recently public tech company that is an app w/ network Dynamics.

[bactrian → wand3r]

Uber is his one investment that people other than himself consider successful.

He wrote a book about what a genius he is for investing in a hundred companies and having one of them be Uber.

He's going to have to revise the book to talk about his coffee machine startup.