uber profit

Uber’s First “Profit”

One of the reasons I write Finance Gourmet is because of all the bizarre finance articles out there masquerading as news while actually serving as cheerleading, PR pieces for companies. It’s a little bit like those articles from White House press briefings that are basically stenographers taking the White House …

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uber lyft cost higher

Why Uber and Lyft Are So Expensive Now

I keep seeing articles explaining why Uber is so expensive and Lyft is so expensive when they used to be much cheaper. The answer is that as publicly traded companies, Uber and Lyft are no longer allowed to play the kind of funny-money games they did when first starting up …

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