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[-] HobbitFoot@thelemmy.club 38 points 10 months ago

Either Uber or Lyft go bankrupt.

A lot of unicorns that aren't currently profitable also go bankrupt as their funding dries up and there is no more available loans.

[-] pc486@reddthat.com 6 points 10 months ago

Uber has posted profits for the last two quarters. Lyft hasn't yet been profitable, but they have been reducing their losses quite a bit.

I don't think either of them will fail this year. Some AI gold rushing unicorns out there certainly will. It's hard to know which though; they're still private companies.

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this post was submitted on 02 Jan 2024
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