Uber is Tanking. Uber Stock. Recession.
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Ride-hailing apps have become everything. It’s your driver, your food delivery.. your exposure to full volume, underground, German house music…
But here’s the thing – it might go away forever. They’re beginning to collapse and it’s showing us the truth. Uber hasn’t turned a profit in its 13-year history.
Which might not be the biggest surprise because back in 2019, the company literally said there’s a chance it may never make money. But that didn’t stop investors from throwing endless piles of cash at it giving it an 80 billion dollar valuation.
Three years later… the company still hasn’t turned a profit…
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