Investors are losing faith in Uber's promise of rapid growth and market disruption, and are demanding to see actual profits. Oracle's founder Larry Ellison has gone as far as to describe the transport app company as "almost worthless".Manuela Saragosa speaks to Scott Galloway, professor of marketing at NYU Stern School of Business, who says the company's problem is that it is a great brand and great app that have been built upon a fundamentally unprofitable market - ride hailing. Meanwhile Patricia Nakache of Trinity Ventures says that Silicon Valley venture capitalists such as hers are becoming increasingly wary of businesses that generate rapid growth by simply burning through billions of dollars of cash.Producer: Edwin Lane(Picture: An UberChopper helicopter in Gdynia, Poland; Credit: Michal Fludra/NurPhoto via Getty Images)
Folgen von Business Daily
2000 Folgen
-
Folge vom 22.10.2019Bringing Uber back to Earth
-
Folge vom 21.10.2019The business case for sleepThe demands of the working day and our 24-hour economy mean many of us don't get the recommended seven to eight hours sleep a night. Experts say all that sleep deprivation comes at an economic cost. Manuela Saragosa looks at the business case for sleep. Contributors: Danielle Marchant, Executive Coach. Matthew Walker, Professor of Neuroscience and Psychology at the University of California, Berkeley, and founder and director of the Center for Human Sleep Science.(Picture: Tired young businessman sleeping on his desk inside of the office during the day; Credit: PeopleImages/Getty Images)
-
Folge vom 18.10.2019Is the sun setting on Saudi oil?Is the Saudi state oil company Aramco finalising its much-delayed share offering just as financial markets are losing faith in the future of fossil fuels?Manuela Saragosa speaks to energy geopolitical analyst Indra Overland, who says that the transition to electric vehicles could happen much faster than expected, posing a direct threat to what is the world's biggest oil company. Meanwhile Andrew Grant of the think tank Carbon Tracker says that big institutional investors are beginning to take the financial risks posed by climate change far more seriously.But according to oil industry consultant Cornelia Meyer the highly profitable Saudi company could still prove an attractive proposition for Western investors.Producer: Laurence Knight(Picture: A Saudi petroleum plant silhouetted at dusk; Credit: Scott Peterson/Liaison)
-
Folge vom 17.10.2019Concrete's dirty secretCement and concrete have one of the biggest carbon footprints of any industry, and eliminating it is no easy task.By volume concrete is the most heavily used resource by humanity apart from water. Our houses, offices, dams, roads, airports and so on all depend on pouring vast quantities of this magical, versatile material. But not only does making cement - the glue that binds concrete - involve huge amounts of energy. The chemical process itself also produces carbon dioxide as a bi-product, and nobody yet knows how to avoid that.Manuela Saragosa speaks to three people who offer partial solutions. Architect Simon Sturgis of pressure group Targeting Zero wants to design most of the concrete out of buildings, and recycle what's left. Benjamin Sporton, chief executive of the Global Cement and Concrete Association, is trying to coordinate global research efforts. Meanwhile Professor Mohamed Saafi of Lancaster University says the answer may lie in carrots and sugar beet. Producer: Laurence Knight(Picture: A shoe print in the cement of a sidewalk; Credit: Morgan Frith/Getty Images)