Been thinking about investing in Uber ($44.52) and Slack ($34.09)... anyone here invested in one of these two? What’s your take on it?

likefunny
Posting as :
works at
You are currently posting as works at

Let me summarize the risks section of Uber's 10K for you:

- We don't turn a profit and we might never. In fact our cash burn rate is just as bad as the day we started.

- If we want to actually turn a profit we'll have to somehow convince our customers to pay significantly more for the exact same undifferentiated ride experience our competitors offer.

- If we can't convince our customers to pay more for the exact same service, we'll need to become the world's greatest operations gurus and realize efficiencies that don't and might never exist.

- People who aren't our employees are suing us because the want to be our employees and this is bad because if our not-employees are become actual employees then the cost of benefits we'll have to pay will bankrupt us.

likeuplifting

^this

like

...because the absolute share price is significant in any way

like

Because I knew that more than half the people who read the post were going to pull up google, and search the share price prior to posting a response... saved people a step in the process, that’s all.

likehelpful

I have put Uber at limit buy @ $36

likefunny

I rest my case :)

I assume markets are pretty efficient, and pricing is about fair. Active management increases variance, and you’re likely to falsely attribute upside to genius and downside to bad luck.

like

Uber has built an amazing company / cash burning machine....

Related Posts

Hi Fishes, I have joined Zoom as a Software Engineer for India team.

like

Does anyone here have a Tesla? Should I do it???...

like

I worked with a Junior AD that skipped college and went straight to portfolio school. I was mad resentful of him at first, mostly because I wish I would have thought of that and saved $100K.

like

Generally curious how many companies offer phone reimbursement? My last gig did not but the current one does. Legally it seems, all employers are required to do so if we use our phone in literally any capacity (video call, slack, teams, emails etc). How prevalent is the issue of not reimbursing phone dues?

like

Thoughts on reducing 401k % during this bear market slash recession?

funny

When is it either allowed or seen as OK to start using FTO? I recently started here and while I’m not looking to slack off and take time off, I just want to know how it works. (Plus, I don’t want to not use something that I can or should use.) Elementary stuff, I know. But I’ve freelanced my whole career until now. Thanks

Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
Other options I'm considering are SBI life, HDFC life which offices are available in my locality.
Please guide

like

Do you guys factor in how far your parents live when looking to buy houses? My folks are here but I'm thinking of buying in Louisana. Scared to leave them though, haven't ever lived more than an hour away from them 🥲

like

Anyone trade DeFi derivatives on Synthetix/Kwenta? Any experience staking SNX?

like

Where do first year associates / business analysts typically live in NYC? What’s a realistic rent budget?

like

Anyone following what's happening in MKR? A bit going on recently including investing in real world assets and breaking up the teams into Meta DAOs. 🐂 or 🐻?

Recent college grad with ~$25k in student loan debt and no investments. I have about $10k I want to invest but I have no idea where to start. Please help

Fish fam need advice. I have 70k in savings including emergency. Making 180k p.a including bonus, should I buy a condo for 350k. My lease is up for renewal soon and it bites me to pay 1900 in rent every month. Will be my first home purchase so feeling nervous, please help.

like

Does anyone know how to declare in my individual tax return, RSA and Stock Options from a US Company that I have? Non exercised yet.

like

How to go about getting a pre approval letter for mortgage? Wait until you want to make an offer on a house you like? And if that falls through do you keep getting a new letter for every offer you make?

like

Anybody got any fire penny stock plays? IDEX is mine, but I’m looking for more!

like

I know there is no black & white answer, but what’s your thought process in deciding when to sell and keep the profit?

like

Does anyone here have experience investing with Masterworks (platform for investing in fine art)?

like

More Posts

Any Accenture Interactive account folks on what makes a successful Account Lead at AI. I've been approached for a "Digital Transformation Executive" role, but my knowledge of digital transformation/CX/BX is cursory at best.

I crashed and burned pretty hard at Publicis Sapient (now back industry-side) and am wary of going back into the digital transformation space. However, the AI folks insist my general business background, MBA and brand strategy experience will translate to success.

like

Currently have chase sapphire but thinking of switching to Reserve. Should I?
Wife will also be authorized user, we do travel and will use this card for all our purchases

like

Hi,
I m working as a Project Manager for OFC network and EB work. My CTC is 8L per annum. Total experience is 15+ yrs and since 4+ yrs in current company, so pls help to switch and grow

like

Hi Fishers,

MY friend received and offer letter from Bosch, and it has 10% variable, how much of variable normally people get in Bosch after joining and is that annually or quarterly?

like

I joined Nagarro as a trainee at 3.5 LPA how much hike could i expect??

like

Has anyone gone from a federal gov’t employee to private industry? I’m considering making the swap for better pay, I make decent money where I’m at and I know I have job security. Just trying to see if there is anyone else that was bold enough to make the leap.

like

Favorite sushi in NYC?

like

Looking to get my first piece of designer jewelry, very entry level and thinking around $2000 for budget, any recs?

I’ve been eyeing the Bvlgari Divas, Dior Rose Des Vents, Cartier Amulette. TYIA!

like

Would I still need to relocate to base location if I’m putting my papers down?

like

Hi Sharks,

I have received offers from
Nagarro - - salary 30 lpa
Seimens gamesa - - Salary 32 Lpa
Delloite - - Salary 33 Lpa
Which one is better in term of WLB and learning, my exp is 9 years. Please suggest

like

Can an SAP consultant ever make as much as the people working in Tech? What's the maximum salary you saw a guy with SAP background getting?

like

I’m a US citizen and my partner is in india. We want to apply for a fiancé visa. Heard it’s better and processes faster than brining over a spouse. Curious how long it takes to process? Your experience and any recommendations for immigration lawyer to help file in the NJ area would be appreciated. TIA!

like

Affordable places near LA/in CA to learn to snowboard?

like

My boyfriend and I are moving from Chicago and are seriously struggling to find a place in Silver Lake or Los Feliz. It seems like there just isn’t anything available. Can anyone help? We’ve check Zillow, Craigslist and even Facebook Market Place daily.

like

When is your tier rating for the FY18 locked in? Is your tier rating already official?

like

Has anyone taken the blue line to ORD recently? Is it open and safe to use? Debating taking the L or a Lyft to the airport

like

Never invested before…can y’all share resources (podcasts, books, favorite news outlets, etc.) so I can educate myself and get started

likeuplifting

Thoughts on purchasing VGT, VOO and VTI right now?

like

Rough TC benchmark for mid level corp dev (mix of m&a and strategy) role at a midsize private co in Toronto?
Lots of data on US corp dev TC, but not much for Toronto

likehelpful

Is it a good choice to switch from ZS Associates to Deloitte? Currently working in ZS with 1YOE

like

Additional Posts in Consulting

What is the salary range for an A/SA in Finance Transformation at KPMG? MCOL city

likesmart

So I have two jobs I’m in the running for at the same company. Position A offered basically the same comp that I’m making now, and I’m still waiting on the results for Position B. Position A would like an answer by tomorrow AM (I was told today, I asked for more time and they said no). Would you guys ever take a job at the pursuit of trying to switch internally in the company?

It’s always been a company that I’ve wanted to work at but making the same that I’m making now is what is stopping me

like

Hey 🐠, what are your recommendations of books, articles, or practice tips to improve communication, both verbal and written? Want to be stronger at running meetings, pitching ideas, writing (cont’d)

like

When people get extended a job offer, and their current company tries to keep them by matching the offer or other incentives, how does that work? Have they already signed with the other company and the current company is making the offers after you’ve turn in your notice?

like

North Highland 👍 👎..?

like

First time switching jobs. How do health benefits work - if I have some past claims I haven’t submitted yet but fall under old employers’s time period. Am I hooped or can I still submit all of that stuff?

like

What are we buying ourselves today? 🥴😊😅

like

Anyone here work at Riveron? Wondering what comp and wlb are like at the senior associate level in nyc.

like
likehelpful

What are the top consulting firms in the retail/CPG space?

like

boss fought & gave me highest performance rating of 5 (scale of 1-5, 5 being highest) but when she got her rating they gave her a 4 (saying bc forced ranking she had to take a 4 so I could get a 5?!?

likefunny

Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.

McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte

#ClimateChange #Sustainability #Water #ESG

like

Domains/Tech Skills in Consulting that give the best potential for earning opportunities in the next 5-10 years not including strategy: Data Science, AWS, Cyber Security, Salesforce, EPIC, Workday

likefunny

Seriously considering buying a used camper, doing a light renovation, and taking it out west and just working remote next summer. Put all of my belongings in storage, set my parents address as mailing address, and just be a nomad for at least next summer. I would get a Verizon router for WFH. Am I crazy to be seriously considering doing this? Single M 🐠, 26.

likeuplifting

BREAKING: US GDP fell by annualised rate of 32.9% in the second quarter of 2020. See below pic of the last 50 years of GDP up till today from Bloomberg.. im scared.. under 30.. what does this mean for our collective future??

Post Photo
likehelpfulfunny

Had this question pop up a lot recently - discussed here many times before, but want to see if we can quantify the discussion a bit. Let’s assume the vaccine is at 70% shots in arms by 4th of July (‘21), and 80-85% by Labor Day. In 2022, are we back to 3/4/5, or do you think parts of the remote culture will stick going forward?

likehelpful

Now that the weather is getting better (in some places), does anyone have a good solution to prevent glare/sunlight reflection on your laptop so you can work outside?

like

Flew for the 3rd time since last March. I LOVE how all these consultants (and yes you can tell they are consultants) board the plane early with status. Who really wants to be on the plane longer than they need to be during Covid? I will board last thank you very much. Status be damned.

likefunnysmart

Are there any good movies or novels that show skill development - like follow through? Self-management? Money management? I read a lot of self help books so I know a lot of the theory, and books peppered with examples help, but I feel like most 1 paragraph examples don’t five justice to how hard it may be to change a behavior.

like

Confronted client today about partner forcing us to travel while client site has travel restrictions. As a result is team is remote next week. Counting down days till I get rolled off/fired now lol

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal