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> their money ends up subsidising a 10 minute taxi ride and being lost forever.

What? Uber is just a black hole? What about the driver? Who received most of that money for their services? That driver can now use that money to invest in the way they wish.

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> What? Uber is just a black hole?

No, obviously zigzigzag was describing the perspective of the investors. The implication is that their return on investment is lower than the investment, i.e. their money is "lost forever".

Do the drivers go away? Perhaps one will give an investor a lift one day.

Rather expensive way to get a lift. It would be cheaper to save the money until you need a ride, then build a bonfire out of cash to attract attention and hail a cab.

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