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I'm an old-fashioned, results-based analyst about a lot of things, including business performance, and based on 10 years of data there's nothing to suggest that Uber works as a business. If you have 10 years to get your book value above 0 and can't do it, nobody should buy your shares.

@vaguery @twbrandt I'll take shares off their hands at, say, 50% over book value! They can only pay me a penny per share!

@hypomodern Uber is really ecosystem colonization in disguise as a business.

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