Author Topic: Mark Cuban on Uber: They Waited Too Long  (Read 60 times)

ergophobe

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Mark Cuban on Uber: They Waited Too Long
« on: May 14, 2019, 11:57:31 PM »
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“They just waited too long. There’s nothing exciting about it,” Cuban added. “I don’t think you could have expected anything different ... the reality is you’re nine years in and you’re still having to buy your revenue. That’s not a good sign.”

https://www.cnbc.com/2019/05/14/mark-cuban-says-hes-not-surprised-by-ubers-disappointing-ipo.html

I'm sure everyone here is shocked, I mean SHOCKED, that Cuban thinks that burning $1b/year nine years in is somehow a bad thing.