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Uber Insiders Are Desperate To Sell But "The Demand Side Has Dried Up"

Uber Insiders Are Desperate To Sell But "The Demand Side Has Dried Up"

With the CEO on 'temporary' leave, and lacking most of the C-suite, Uber's seemingly endless stream of PR disasters has finaly begun to impact its 'king of unicorns' status as CNBC reports a growing number of insiders are seeking to sell their shares. But buyers are hard to find.

As a gentle reminder, here is a snapshot of some of the most notable scandals that have emerged, involving the world's most valuable private company:

Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash

Good Luck Getting Out Of That Subprime Auto Loan When Used Car Prices Crash

We've written frequently in recent months about the coming subprime auto crisis which will very likely be prompted by a wave of off-lease vehicles that will flood the market with used inventory over the coming years.  In fact, Morgan Stanley recently predicted that the surge in used inventory could result in as much as a 50% crash in used car prices over the next couple of years which would, in turn, put further pressure on the new car market which has already resorted to record incentive spending to maintain volumes.

Here are just a couple of our most recent notes on the topic:

Philly's Soda Tax Is Shaping Up To Be An Epic Flop

Philly's Soda Tax Is Shaping Up To Be An Epic Flop

Authored by Ernest Owens via PhillyMag.com,

It’s been six months since the city’s soda tax (or, more accurately, the sugary beverage tax) was implemented — and it’s off to a rocky start.

The city is currently $20 million short of its projected $46 million goal to close out the 2017 fiscal year, and based on the most available month’s numbers, it doesn’t appear as though they will reach it.

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