Sean Rich

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When would Uber get to profitability? “We’ve been profitable in a number of cities for years. We raised a lot of money to invest in our operations. We can stop investing [whenever we want] and get profitable,” he said. I noted there were skeptics who still thought the economics of ridesharing companies were unsustainable, propped up only by venture capital. “Then how were we profitable in the U.S. in February? And maybe March too, I don’t know,” he said. “How could both of those things be true at the same time?”
The Upstarts: How Uber, Airbnb, and the Killer Companies of the New Silicon Valley Are Changing the World
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