Harry here. I’ve been meeting with lots of friends in the start-up space over the past few months, and one thing that’s stood out to me is how few companies care about profitability. Even the most successful private companies are spending every dollar they make and then some in order to keep growing. That might work for the big guys, but I think it’s a bad example for most entrepreneurs to follow.
Today, senior RSG contributor John Ince looks at all those Uber losses, an interesting way to bet against Uber and more. Btw, I’ll be in San Francisco this week for some meetings so I may be a bit slow to respond to emails.