I was replying to this: "So far Lyft seems to be doing okay, which proves the business plan doesn't really work." when I said Uber is profitable
Your retort to that was S&P grew more than Uber, which is a nonsensical argument. Our standard for what is a good business is if it grows faster than S&P after going public?
Edit: I dug up some research related to this, most companies do worse than S&P after becoming public. What's your point then?
I was replying to this: "So far Lyft seems to be doing okay, which proves the business plan doesn't really work." when I said Uber is profitable
Your retort to that was S&P grew more than Uber, which is a nonsensical argument. Our standard for what is a good business is if it grows faster than S&P after going public?
Edit: I dug up some research related to this, most companies do worse than S&P after becoming public. What's your point then?