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Old 10-28-2014, 11:59 AM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 13,152,514 times
Reputation: 3900

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Quote:
Originally Posted by tijlover View Post
And? Uber has the resources to flood political candidates with a lot more money! Uber will win, hands down, with the help of their lawyers as well!
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Old 10-28-2014, 04:25 PM
 
3,598 posts, read 4,947,399 times
Reputation: 3169
That must be old. It's actually worth 4x-5x that now.
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Old 10-28-2014, 04:52 PM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 13,152,514 times
Reputation: 3900
Quote:
Originally Posted by logline View Post
That must be old. It's actually worth 4x-5x that now.
Yes it is old. The main point is that uber has the $$$ to grease some pockets. Have the taxi companies ever went to battle with a multi billion dollar entity before?
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Old 10-28-2014, 04:56 PM
 
13,586 posts, read 13,108,708 times
Reputation: 17786
Quote:
Originally Posted by von949 View Post
Yes it is old. The main point is that uber has the $$$ to grease some pockets. Have the taxi companies ever went to battle with a multi billion dollar entity before?
You know this town, it's not just money, it's juice. We shall see how this plays out. It's interesting to watch it unfold.
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Old 10-28-2014, 10:07 PM
 
Location: las vegas
116 posts, read 126,916 times
Reputation: 217
Quote:
Originally Posted by logline View Post
That must be old. It's actually worth 4x-5x that now.
UBER doesn't have jack squat. Their VALUED at that, they don't have that. Right now they are forced to raise operating costs by selling future stock options in the company to Venture Capitalists and Investment Banks. It could take YEARS before they go public and realize any of that money. Many start ups never do. They are not profitable. Right now they are basically pan handlers with potential.
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Old 10-28-2014, 10:20 PM
 
2,928 posts, read 3,549,370 times
Reputation: 1882
Quote:
Originally Posted by SBender View Post
UBER doesn't have jack squat. Their VALUED at that, they don't have that. Right now they are forced to raise operating costs by selling future stock options in the company to Venture Capitalists and Investment Banks. It could take YEARS before they go public and realize any of that money. Many start ups never do. They are not profitable. Right now they are basically pan handlers with potential.
No. Right now they are a tech company with a valued stock asset in the billions.
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Old 10-28-2014, 11:22 PM
 
2,076 posts, read 4,071,283 times
Reputation: 2589
Have you tried uber?

I just tried it recently and the experience is 10x than cabs. The driver who picked me up had a perfectly clean car, spoke perfect english, helped me with my bags, didn't use his cell phone at all, and I didn't have to tip him.

And their mobile app is amazing.

From what I'm told by friends, they've had similar experiences.

I don't think uber is going anywhere.

Quote:
Originally Posted by SBender View Post
UBER doesn't have jack squat. Their VALUED at that, they don't have that. Right now they are forced to raise operating costs by selling future stock options in the company to Venture Capitalists and Investment Banks. It could take YEARS before they go public and realize any of that money. Many start ups never do. They are not profitable. Right now they are basically pan handlers with potential.
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Old 10-28-2014, 11:41 PM
 
Location: las vegas
116 posts, read 126,916 times
Reputation: 217
Quote:
Originally Posted by WestieJeff View Post
Have you tried uber?

I just tried it recently and the experience is 10x than cabs. The driver who picked me up had a perfectly clean car, spoke perfect english, helped me with my bags, didn't use his cell phone at all, and I didn't have to tip him.

And their mobile app is amazing.

From what I'm told by friends, they've had similar experiences.

I don't think uber is going anywhere.

I didn't say they were going anywhere. I said they aren't sitting on 20 Billion cash like people on here are saying over and over. I said they are forced to ask people who have money for money based on what the company is valued at an IPO. The company's future isn't based on Las Vegas right now. No Investment bank is paying for them to steamroll the Cab Lobby in this state right now.
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Old 10-29-2014, 09:27 AM
 
Location: Paranoid State
13,044 posts, read 13,858,996 times
Reputation: 15839
Definitely write or email Governor Sandoval (Email the Governor) and Attorney General Masto (Contact) with your views.
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Old 10-29-2014, 09:30 AM
 
15,827 posts, read 14,463,105 times
Reputation: 11902
They raised almost $300 million in equity money, so, no, they have a lot more than jack squat. And they can probably raise more than that.

Quote:
Originally Posted by SBender View Post
UBER doesn't have jack squat. Their VALUED at that, they don't have that. Right now they are forced to raise operating costs by selling future stock options in the company to Venture Capitalists and Investment Banks. It could take YEARS before they go public and realize any of that money. Many start ups never do. They are not profitable. Right now they are basically pan handlers with potential.
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