Reply to post: Re: Now Uber is going to face the harsh reality of Wall Street

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

Anomalous Cowshed

Re: Now Uber is going to face the harsh reality of Wall Street

The very point of companies like uber and amazon is to use extensive capital to ransack an economic sector by pricing services below cost, in order to pump up the shares and, having redistributed wealth from the ransacked sector to the initial investors, to enrich them at everyone else's expense. It is pure greed and legal robbery.

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