Billionaires are working for you and me

In New York City, Uber is running television ads saying how they really care about people in minority neighborhoods and how they’re creating thousands of new jobs. Airbnb ran ads touting how they help little old ladies put their boychiks through college. And the Rent Stabilization Association (trade association of NYC landlords) ran ads telling how their real purpose is to create affordable housing.

Based on valuation by recent investors, Uber is worth about $50 billion and Airbnb is worth about $20 billion. The Rent Stabilization Association’s members control about a million apartments, worth in the tens of billions of dollars.

I’d say “bite me,” but first I have to go and throw up.

2 thoughts on “Billionaires are working for you and me

  1. Pingback: Uber, Amazon to charge eateries steep rates for delivery | BiteMe

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