TheStreet.com
Uber Will Likely Follow the Movements of the Broader Market
For his second “Executive Decision” segment of Thursday’s Mad Money program, Jim Cramer sat down with Dara Khosrowshahi, CEO of Uber Technologies . When asked about the changing expectations on Wall Street, Khosrowshahi explained that we live in complicated times, and during complicated times, investors demand more than just growth at any cost. Khosrowshahi added that Uber is ideally suited for recessions, because it has low fixed costs and the diversity in its businesses means that mobility and delivery aren’t typically down at the same time.