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-0.000461538461538479 -0.00138461538461544 -0.00426923076923082 -0.00400000000000008 -0.00730769230769222 -0.00515384615384606 -0.00203846153846143 -0.00761538461538469
Stock impact report

Chamath Palihapitiya Plans Robotaxi Fleets Nationwide — Expects Positive Cash Flow In Under 2 Years [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
Cybercab vehicles nationwide—and believes the investment could turn cash-flow positive faster than expected. "I plan to buy and deploy large fleets around the country when possible. Should pay back and be positive FCF March 7 in response to a post analyzing the business case for Tesla's Cybercab robotaxi network. In this context, "positive FCF," or free cash flow, means the fleets would generate cash after accounting for both operating costs and upfront vehicle costs. That implies the investment could effectively pay for itself in under two years. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time Why This Robotaxi Bet Matters To Investors Palihapitiya, founder of Social Capital and a former Facebook executive, has built a reputation for making concentrated bets on emerging technologies. His comments often carry weigh Show less Read more
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