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Comment by wskinner

Amazon’s capex is not funded by venture capital. It is funded by people buying things from Amazon or services from AWS.

Uber hasn’t raised from VCs in years, and their business is far bigger than it was back when they were losing money.

The idea that SF residents choose to use Uber rather than BART because Uber is cheaper is simply wrong - Uber is much more expensive than BART, and with some notable exceptions for shared rides, that was true during the VC funded growth period as well.

parent wskinner 1 year ago

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