Eli5: I saw that Uber is still not making money, how is that possible, they have a lot of people working for them, worldwide known and also if they dont make any money how are they still alive?
In: Economics
if you’re interested in a tin hat opinion, i don’t think some of their big investors care about them losing money.
Uber has been at the forefront of working legal cases against workers and lobbying against workers rights in many countries. lot’s of people with a lot to gain from large companies fighting to reduce employees rights, pay and working condition standards across the board.
but there’s a chance it’s the stock goes up option everyone else is saying and my point is just a happy byproduct for some.
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