Uber CEO Says Market Turmoil Won’t Derail IPO Plans

Source: News Formal (newsformal.com)

LTDAForum Vile company. Corporate greed at it’s best.

A recession means we can exploit more people. dkhos

Mentality of capitalists, that they will find ways to generate more revenues in others misfortune. Their objective is not to benefot people of environment rather increase in shareholder wealth at any cost.

At under $3 min for a ride this is a bad deal for drivers. lyft is just as bad. Id short the stock and make money

Lure only a nincompoop would use such a word .but then again what's expected from a company that cheats their workers and their clients. Uber will be the biggest bust at an IPO

Predators lure prey.

That’s a click bait title if I’ve ever seen one

Profiting on the misfortune of others.

If he has a clue about the transportation buisness he would understand that taxis are the first to see signs of a recession. Travelling by car is a luxury Traveling by mass transit is a necessity Unless investors would subsidize cars to mass transits cost. Very unlikely. IPO

Exploit drivers. Ubers churn rate is currently 12.5 % per month. It costs Uber 650$ per driver. This Einstein thinks more drivers earning less during a economic downturn will decrease driver turnover. That is not how it works idiot. Happy drivers stay. Slaves escape.

Fixed that for ya. A recession could make it even easier for Uber to exploit drivers..

You BOTH ARE NOT BLACK SO..... you finish my sentence. 😑😑😑😑😑 I'll take hacks these are independent black taxis that the cops ate always harassing. Just like you calked your people's small taxi services hacks are too but because they are black they are not allowed to be. 😠

Because nobody with real prospects would drive for this shitty, money losing company.

BLACK he's NOT

Since when did the dark hued black affrikkan no longer owned UBER?! OR was that just a marketing ploy to get the African Americans to invest and patronize this company. Well in light of this revealing tweet I no longer will be ubering. UNAPOLOGETICALLY BLACK I AM. And black hes

The question is, during a (bad) recession (and the next will be) will there be more passengers if money is tight? And people walk or cycle

One of the reasons I will not user Uber. I support small 🇵🇹 Portuguese taxi drivers and their families. Not some foreign idiot who wishes for recessions in order to make money 👉🏻.

The recession is always in the interest of small and inexpensive automakers to find new markets.

So Uber drivers will be giving rides to .... Uber drivers ..... nice financial plan for a company

So these guys are there praying and chanting for a recession ?

TSA by day. Uber and Dog Walkers at night. TSA and Border Patrol were being arrested long before the shutdown with hundreds of them failing at their job before they were scrambling to pay their bills. What happens now?

In this context, the use of the word 'lure' is so significant. This is a man trying to get rich by creating something that will pay millions of people next to nothing. Jeff Bezos on wheels.

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