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The “Uber of $$$”: Why on demand funding is back up, negative gross margins be damned!

God damn this venture market refusing to do what well-placed VCs insist it must! So: The on demand space. Yunno, the whole “it’s an Uber but for…” meme that’s dominated pitch meetings for the last few years. The most overheated segment of the market that every VC from Fred Wilson to Bill Gurley has been arguing is just trading VC dollars for gross negative margins and our (likely) future President Hillary Clinton has expressed concerns about….
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