It is only a Ponzi Scheme.
Unbelievable: Uber takes another USD1.6B in funding!
The on-demand car company, which has raised USD4B in two years, is also looking for yet another $600M!
Uber has taken USD1.6 billion in a convertible debt round from Goldman Sachs.
and Goldman Sachs is the main puppeteer of ........ Rocket Internet AG. (For me it seems
only a big Ponzi scheme, a big bubble full of dark smoke. I suspect no
one of those companies are designed to be profitable ever.
They have big losses because they sell below cost to gain traction. All
cloned companies seem like bubbles)
Article at Vator: The USD1B valuation club became super crowded in 2014
Incredible! Uber raises ANOTHER USD1.2 billion round!
and wants more!