LogFAQs > #922645317

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Topic	Uber lost more than $1 billion in the first quarter
Zanzenburger 06/01/19 8:42:49 AM #7:	Uber's current state is likely an investment bubble like Moviepass was. Unless they strike gold with one of their current R&D projects relatively soon, they are in for a rude awakening occe investors wise up and start pulling away. The promise of future growth can only be pushed for so long before investors will want to see payouts. This seems to be the case for a lot of tech startups recently. The only one that is looking to show any promise and is worth investing in are gene therapy companies in the biotech industry as they are actually showing results of huge growth. --- Congratulations! Your post was deemed response-worthy. <cite>Zanzenburger posted [p:922645317] in Uber lost ... [t:77750751]...</cite> <quote>Uber's current state is likely an investment bubble like Moviepass was. Unless they strike gold with one of their current R&D projects relatively soon, they are in for a rude awakening occe investors wise up and start pulling away. The promise of future growth can only be pushed for so long before investors will want to see payouts. This seems to be the case for a lot of tech startups recently. The only one that is looking to show any promise and is worth investing in are gene therapy companies in the biotech industry as they are actually showing results of huge growth. --- Congratulations! Your post was deemed response-worthy.</quote> ... Copied to Clipboard!
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