Uber lost over $5 billion in one quarter. They can’t afford too much of anything... | Hacker News

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		scarface74 on Aug 29, 2019 \| parent \| context \| favorite \| on: Uber proposes policy that would pay drivers a mini... Uber lost over $5 billion in one quarter. They can’t afford too much of anything. https://www.theverge.com/2019/8/8/20793793/uber-5-billion-qu...

skinnymuch on Aug 30, 2019 [–]

Uber didn’t lose $5B in cash. They lost $1.3B in cash at most. Stock based compensation is a cost, but different than straight up losing money.

scarface74 on Aug 30, 2019 | [–]

At the end of the day, if it's part of compensation that they have to pay, doesn't matter? And losing $1.3B is not inconsequential no matter how you look at it.

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