Article 24DK2 Excellent, deep series on Uber's Ponzi-scheme economics

Excellent, deep series on Uber's Ponzi-scheme economics

by
Cory Doctorow
from on (#24DK2)

100-pts-create-what-are-bitshares-infogr

For the past week, Naked Capitalism has run a series of articles by transportation industry expert Hubert Horan on the economic shenanigans of Uber, which cooks the numbers it shows investors, drivers and the press to make it seem like something other than a black box that uses arrogance and lawlessness to make a bet on establishing a monopoly on transport in the world's major cities. (more")

3UGfvgMumHo
External Content
Source RSS or Atom Feed
Feed Location http://feeds.boingboing.net/boingboing/iBag
Feed Title
Feed Link http://feeds.boingboing.net/
Reply 0 comments