Mark Cuban: Why I PASSED Uber?

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Mark Cuban: Why I PASSED Uber?

#shorts

[whatever]

Billionaires don’t lose money they just miss opportunities.

[worcesterM]

Well, Travis also turned out ok, in fact he is now almost as rich as Mark Cuban.

[miketheyunggod]

Warren Buffet was asked if he ever lost a lot of money on something he invested in? His answer was “I lost much more on things I DIDN’T invest in”.

[goose]

My grandpa actually passed on investing in Starbucks because he said and I quote “Who is going to pay 6 bucks for a cup of coffee”. yeah

[remee]

Imagine not giving af what mark says and just ghosting him. What power house

[cybertrk]

Uber is still a business model that doesn’t work and relies on new inflows of cash or building more debt. I say that was an accurate assessment to stay away

[mtaylor]

Too bad. He missed out on an opportunity to get in on the ground floor of a company that loses billions of $$ a year.

[omnifarious]

Mark said "...I don't like the way you're pricing it." Foreshadowing the price gouging of the restaurants and customers while underpaying their contractors.

[vadenummela]

Does it matter for him tho? He propably makes 20k a minute from just EXISTING

[macberry]

With so much controversy around that guy and the company I think he made the right decision.

[Audiogeek-kfez]

Personally. I would never want to be involved in a scammer company like Uber, what they have done to employees and patrons is unbelievable but legal, they simply will not let people know the entire idea was a money grab.

[skilllondon]

He definitely regrets not investing in that. Fun fact: in 2015 Beyoncé did a corporate gig for Uber and excepted her usual $6 million payment in Uber stocks. Since then she has made way more

[rrurban]

Morale of the story: don't criticize an entrepreneur's business idea or you'll get shut out

[BIGGELATO]

You don’t know if his company would’ve been better or worse with Mark Cuban

[ciscourquidez]

It's a classic case of...."You snooze....You LOSE👎

[nutcase]

Good to know you can only get rich if you’re friends with other rich people.

[logicreason]

There was a time you couldn’t walk 10 feet without seeing a cab. In 2022, the cabs a ghosts of the past and hard to find. Uber is the best.

[Yolo-]

What people forget is that Uber got into a lot of trouble, had to pay tons of fines, and even had Mark Cuban gotten in early, it’s not guaranteed that he would’ve stuck around until he made a profit or if he would’ve cut his losses

[theezone]

Mark Cuban to Travis: i don’t like the way you’re pricing it so I’m out

[romeopyardega]

I work 50 hours a week for them delivering fast food. They take 25% of my income. It's really is a kick in the stomach. The retailer pays 30% for using their services. The customers pay also. I think they're making money alright. Just isn't working out for me. It's better than being broke and unemployed.