Andrew Rivas
@rivasad.bsky.social
Hubert Horan has been writing about this for almost a decade now. It’s incredible! Uber is a total Wizard of Oz “pay no attention to the man behind the curtain”:
www.nakedcapitalism.com/2025/02/hube...
www.nakedcapitalism.com/2025/02/hube...
Hubert Horan: Can Uber Ever Deliver? Part Thirty-Five: What Drove Uber’s Recent $8 Billion P&L Improvement? | naked capitalism
How did Uber achieve a $8 billion P&L improvement after losing $33 billion in its first 13 years? Misleading accounting plays a big role
www.nakedcapitalism.com
November 29, 2025 at 7:36 AM
Hubert Horan has been writing about this for almost a decade now. It’s incredible! Uber is a total Wizard of Oz “pay no attention to the man behind the curtain”:
www.nakedcapitalism.com/2025/02/hube...
www.nakedcapitalism.com/2025/02/hube...
There’s no way to know! Adjusted EBITDA Profitability is meaningless. Uber includes paper gains on their equity stakes like Didi and Yandex in their “profitability” and they still have billions in past losses that they claim against R&D, operating loss carryforwards, etc. It’s a total mystery!
November 29, 2025 at 7:24 AM
There’s no way to know! Adjusted EBITDA Profitability is meaningless. Uber includes paper gains on their equity stakes like Didi and Yandex in their “profitability” and they still have billions in past losses that they claim against R&D, operating loss carryforwards, etc. It’s a total mystery!
…I watched those shows in 1994 as a teenager
In my defense, we didn’t have streaming back then and I was left with what was on TV when I was home from school sick
In my defense, we didn’t have streaming back then and I was left with what was on TV when I was home from school sick
November 29, 2025 at 6:32 AM
…I watched those shows in 1994 as a teenager
In my defense, we didn’t have streaming back then and I was left with what was on TV when I was home from school sick
In my defense, we didn’t have streaming back then and I was left with what was on TV when I was home from school sick
Oh, Vandy’s top wins, not Texas’. Gotcha
November 29, 2025 at 6:07 AM
Oh, Vandy’s top wins, not Texas’. Gotcha
Canada was about to put Pierre Poilievre into the Prime Minister’s office until Trump started running his mouth about making Canada the 51st State. The UK voted to impoverish themselves and leave the EU. The US hardly has a monopoly on idiots.
November 29, 2025 at 6:03 AM
Canada was about to put Pierre Poilievre into the Prime Minister’s office until Trump started running his mouth about making Canada the 51st State. The UK voted to impoverish themselves and leave the EU. The US hardly has a monopoly on idiots.
Meh, if Texas doesn’t get in that’s probably the end of major out of conference matchups until the playoffs expand further. It’s good for ESPN and the fans but bad for the programs themselves
November 29, 2025 at 5:50 AM
Meh, if Texas doesn’t get in that’s probably the end of major out of conference matchups until the playoffs expand further. It’s good for ESPN and the fans but bad for the programs themselves
?????
A&M was undefeated coming into tonight
A&M was undefeated coming into tonight
November 29, 2025 at 5:42 AM
?????
A&M was undefeated coming into tonight
A&M was undefeated coming into tonight
Fewer lawyers. More grammar classes.
November 29, 2025 at 5:40 AM
Fewer lawyers. More grammar classes.
The real scam is that Uber *still* hasn’t demonstrated to its investors that its operations are profitable. They don’t disclose separately from tax credits and investment appreciation!
November 29, 2025 at 5:27 AM
The real scam is that Uber *still* hasn’t demonstrated to its investors that its operations are profitable. They don’t disclose separately from tax credits and investment appreciation!
Which society has successfully redistributed the wealth from the rich to the poor and maintained growth for the median for a generation+?
November 29, 2025 at 1:50 AM
Which society has successfully redistributed the wealth from the rich to the poor and maintained growth for the median for a generation+?
Nope. Read again. If rich peoples gains could be redistributed, then I agree. But every society that has tried this ended up eliminating the gains of the wealthy, not a continuing redistribution from the wealthy to the poor.
November 29, 2025 at 1:45 AM
Nope. Read again. If rich peoples gains could be redistributed, then I agree. But every society that has tried this ended up eliminating the gains of the wealthy, not a continuing redistribution from the wealthy to the poor.
Yes! And for the FOURTH time - this doesn’t go away in more equal societies.
November 29, 2025 at 1:35 AM
Yes! And for the FOURTH time - this doesn’t go away in more equal societies.
I made no comments regarding COVID whatsoever
November 29, 2025 at 1:11 AM
I made no comments regarding COVID whatsoever
I agree! This is mostly because we have lax gun ownership laws, poor road safety design, and overprescribed opioids. This area is highly researched!
November 29, 2025 at 1:10 AM
I agree! This is mostly because we have lax gun ownership laws, poor road safety design, and overprescribed opioids. This area is highly researched!
This is way off topic
November 29, 2025 at 1:07 AM
This is way off topic
For the third time: lower income people have lower lifespans in every nation on earth. You have demonstrated NOTHING
November 29, 2025 at 1:00 AM
For the third time: lower income people have lower lifespans in every nation on earth. You have demonstrated NOTHING
Nope. You need to show a causal relationship between “economic inequality” and some negative externality for anyone to treat it as a problem.
November 29, 2025 at 12:56 AM
Nope. You need to show a causal relationship between “economic inequality” and some negative externality for anyone to treat it as a problem.
This data is not supportive of the improvement of real wages for the bottom quintile. This data describes the median by profession which you have spent the better part of the afternoon railing against
November 29, 2025 at 12:54 AM
This data is not supportive of the improvement of real wages for the bottom quintile. This data describes the median by profession which you have spent the better part of the afternoon railing against
I agree with this. Unfortunately, nowhere in the world has been able to do this. The EU has better inequality, but they’ve caused their economies to stagnate while the US middle class has continued to grow in wealth.
November 29, 2025 at 12:48 AM
I agree with this. Unfortunately, nowhere in the world has been able to do this. The EU has better inequality, but they’ve caused their economies to stagnate while the US middle class has continued to grow in wealth.
I don’t. That’s why I think it’s so important to explain to economically illiterate posters on BlueSky that we have strong evidence it is something other than “economic inequality” driving this ongoing tragedy
November 29, 2025 at 12:42 AM
I don’t. That’s why I think it’s so important to explain to economically illiterate posters on BlueSky that we have strong evidence it is something other than “economic inequality” driving this ongoing tragedy
So gun deaths are down while inequality is up? Oh my stars!
November 29, 2025 at 12:36 AM
So gun deaths are down while inequality is up? Oh my stars!
What if we compared the US to itself? Inequality is greater today than it was in 1980.
How do you think gun deaths and automobile accidents compare to the more-equal version of the US that existed in 1980?
🤡
How do you think gun deaths and automobile accidents compare to the more-equal version of the US that existed in 1980?
🤡
November 29, 2025 at 12:17 AM
What if we compared the US to itself? Inequality is greater today than it was in 1980.
How do you think gun deaths and automobile accidents compare to the more-equal version of the US that existed in 1980?
🤡
How do you think gun deaths and automobile accidents compare to the more-equal version of the US that existed in 1980?
🤡