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$32 billion. That is how much Uber is estimated to have lost building their business. Everyone knows ride-hail is a network effects business. And Uber was dominant. So why were...
1/ Junkyards, wrecked cars, a duopoly, 30% operating margins, and two self-made billionaires: this is the story of Copart. https://t.co/XHnziWE48f
1/ This accounting convention is the root of much confusion. The distinction between 1P and 3P is critical to investing in many businesses, especially in Ecommerce. Learn a key a...
1/ $CSU reported 4Q22. Full year 2022 review below. We touch on key financial metrics and adjustments, concluding with a valuation framework. β¬οΈ β¬οΈ β¬οΈ https://t.co/LXjhzIOTCY