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Dr. VooDoo posted:I know the answer will be the founders blowing money on themselves at an amazing rate but what in the hell could Uber waste that much money on? They don't supply their drivers with anything so what are they dropping near a billion dollars on? Do car mustaches just cost that much? Lawyers and overpaying drivers/under charging customers.
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Feb 11, 2016 01:58
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blah_blah posted:I think that if they stopped focusing on hypergrowth they probably do have a sustainable business model and enough network effects at this point to be profitable. But in the meantime it's nice to get all my transportation subsidized by VCs. lol no. Uber loses money/breaks even on most of its fares. They do this because they have the cash to burn, it makes them look good, and it sucks drivers in. Once the VC stops flowing, Uber will disappear in a flurry of lawsuits.
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Feb 11, 2016 02:59
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Dead Cosmonaut posted:Quite frankly any effort to privatize the internet and intellectual property, such as cracking down on pirating of movies and music, have failed miserably. It has been getting harder and harder to get copyrighted materials for free, and items like games and music and video have gotten cheaper and easier to purchase. I stole just about everything I could back in 2003ish, because it was easy and getting mp3's legally was impossible. Games were incredibly expensive. Nowadays, it's just easier to watch Netflix or just buy that game on massive sale. I guarantee that piracy is decreasing because of the ease of accessing media is up, the cost is down, and the difficulty of theft is constantly increasing.
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Feb 13, 2016 23:01
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Scrub-Niggurath posted:FWIW the 3 year minimum experience for every entry level position is often not true at all and shouldn't discourage you from applying to a company. Exactly. If you are fully qualified for a job, you will be bored. If in the long list of qualifications you are at least 50% of the way there, you should be fine.
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Mar 14, 2016 09:24
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Aliquid posted:Somewhat related to the current discussion: is Google getting too big? Google's strategy is the same as it has been the last 10 years: make money on ads, waste it on random 'cool' companies.
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Apr 12, 2016 03:01
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