Uh...
How about "Just like Apple Did"?
Or "Just like 3M did"
Or "Just like NVIDIA did"
You see, Uber is still burning big money. Big. Money.
From Deadline Hollywood:
MoviePass parent Helios & Matheson, with its 3 million subscribers in an uproar and its stock cratering, put out the latest “all is well” message today, likening its position to Uber in its earlyApple famously almost never got to be Apple:
Investors didn’t buy the “we’re still here” claim, sending shares down another 43% toward the end of the trading day. The stock is now at about 13 cents, far below the $1 threshold it needs to clear in order to stay listed on the Nasdaq.
The subscription service has been a trending topic for days, ever since abruptly blacking out coverage of Mission: Impossible – Fallout in response to a cash crunch. MoviePass, after conceding to the move, said a strategic shift would take first-run releases on more than 1,000 screens off the table. The price is also jumping from $10 a month to $15 in the coming days....MORE
The Amazing Story Of How Steve Jobs Took Apple From Near Bankruptcy To Billions In 13 Years
CNN's version of the 3M story:
3M A MINING COMPANY BUILT ON A MISTAKE STUCK IT OUT UNTIL A YOUNG MAN CAME ALONG WITH IDEAS ABOUT HOW TO TAPE THOSE BLUNDERS TOGETHER
As Forbes put it: NVIDIA's first two products "bombed".
