What do you think about uber stock? Got potential in the long term, would you invest?

No. Long term potential unclear and burning money faster than we burn hell notes during 7th month.

Until the company can generate positive cashflow, I'm not comfortable buying hope. I would rather wait and track the company quarterly till the business model becomes sustainable and profitable, then pay more when that happens rather than trying to jump the gun now. All my years of investing, one thing for sure, debt kills!

Hi anon,

No in a word. The slightly longer version of this answer is that there has been no profit for the longest time now, only a series of massive losses, and no clear vision or strategy in my view that would show that Uber management has a plan to pull Uber into profitability.

The same can be said of WeWork, Grab, and quite a number of other unicorns.

The cash burn rate for Uber is too high. I will wait until they are able to control their cash burn expenditure before deciding.

Cashflow of a company is reality and an aspect many investors overlook. Profit and Loss statment can be easily "massaged" but not cash flow statments