Hubert Horan: Can Uber Ever Deliver? Part Twenty-Nine: Despite Massive Price Increases Uber Losses Top $31 Billion
Uber burns through yet more cash, but analysts and reporters fail to question its extremely misleading financials.
Read more...Uber burns through yet more cash, but analysts and reporters fail to question its extremely misleading financials.
Read more...The latest update: the financial media continues to parrot management falsehoods about Uber results and there is still no path to profit.
Read more...How Uber keeps pumping hot air into a financially flaccid business.
Read more...Uber continues to hemorrhage cash and rack up impressive negative operating margins, yet the press eats up its accounting misdirection.
Read more...The press is still refusing to depict Uber accurately, as a rotting corpse.
Read more...Moar Uber wheel-spinning.
Read more...Uber behaves badly yet again.
Read more...Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.
Read more...Uber manages to bleed even more cash.
Read more...More bad news for Uber.
Read more...Mike Isaac’s Super Pumped!, a new book on Uber, draws fundamentally false conclusions about the company.
Read more...A post-mortem of the Uber and Lyft IPOs.
Read more...Will Trump declare a win if his trade representative fails to negotiate a viable long-term solution with Beijing?
Read more...Lyft’s prospectus doesn’t even pretend that the company might become profitable, let alone justify a $20-25 billion valuation.
Read more...It is hard to see how Uber’s IPO story will hold up to scrutiny, particularly at a planned valuation of $120 billion.
Read more...