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Will they be able to survive this?

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  • Will they be able to survive this?

    Uber bleeds more than $1 billion in six months



    http://money.cnn.com/2016/08/25/tech...ses/index.html
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    They always have the option of going public if private investment sources are no longer attractive. So far people have been throwing money at them despite the heavy losses.

    They are making massive capital investments in technology and expanding worldwide.

    Time will tell if they will become another Amazon or another startup that tried to expand too fast.
    "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

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