If they believe that the company will make money in the long-run. Otherwise it's... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		erispoe on Dec 20, 2017 \| parent \| context \| favorite \| on: Uber is officially a cab firm, says European court If they believe that the company will make money in the long-run. Otherwise it's just putting bad money after good. You can only bail out a company if you believe it will become profitable. You can't subsidize rides eternally, it does not make sense for investors.

schrodinger on Dec 20, 2017 [–]

Totally agreed, and I believe that’s what the commenter meant when saying that they aren’t too big to fail.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact