This hoped-for fake “profitability” isn’t profitability, but “Adjusted EBITDA,” Uber’s own homemade creature. By Wolf Richter for WOLF STREET. Uber – which announced another round of mass-layoffs this week of 3,400 folks or … Read more
http://www.investmentwatchblog.com/uber-lost-3-billion-on-3-5-billion-in-revenues-fake-profitability-delayed-another-quarterly-horror-show-markets-eat-it-up/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.