On 05/07/2017 08:31 PM, Mirimir wrote:
I don't believe that Uber or Lyft are profiting yet. They're relying on venture capital to build demand.
Three of the six BODs ARE venture capitalists. Other than that the sentence above is about the most bizarre thing I've read so far this week. The capitalists we're discussing ARE NOT interested in long term returns. They want their money back fast, and the residuals can roll in as they occur. While the drivers sleep in their leased SUVs. At least OTR trucks have pretty comfortable sleeping accommodations. Garrett Camp 7 Relationships Founder and Chairman -- Net worth $6.3 BILLION https://www.forbes.com/profile/garrett-camp/ Travis Kalanick 6 Relationships Co-Founder, Chief Executive Officer and Director -- Net worth $6.3 BILLION https://www.forbes.com/profile/travis-kalanick/ Ryan Graves 5 Relationships Head of Global Operations and Director -- Net worth $1.58 BILLION https://www.forbes.com/profile/ryan-graves/ Other Board Members: Name (Connections) Relationships Type of Board Members Primary Company Age John Gurley CFA 156 Relationships Member of the Board of Directors Benchmark 49 David Bonderman J.D. 191 Relationships Member of the Board of Directors TPG Capital, L.P. 73 Arianna Huffington 44 Relationships Member of the Board of Directors Thrive Global Holdings, Inc. 65 Betcha didn't know that 'progressive liberal' Ariana was a big time crapitalist... No wonder there's no real Left in the US. They read her digital birdcage liner. Rr