Uber Suffers Big Loss, Surprising Problem Glade Brook Capital

The hedge fund made an investment in the ride-sharing service privately and drew up detailed projections to sell it to private investors.

There is little debate that ride-sharing pioneer Uber Technologies is spearheading the disruption of traditional modes of consumer transportation.

The Uber name has become synonymous with its first-mover advantage, just as Xerox and Apple’s iPhone were for earlier generations of different technologies.

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