Tai sei.. Got 1 ex high school friend working for Grab with super high position in Singapore.. Super high pay and lan c after join Grab.. Karma

because for angel investors, VC, wealth funds, etc.....they don't just invest in 1 startup, they will invest in hundreds of startup, then, if out of hundreds, just 1 make money, or go for listing, the one can recover the 99 rugi liou

those who buy after listing, gudluck to u 

founder sudah make money from angel investors, VC, wealth funds, etc, angel investors, VC, wealth funds, etc make money buy go listing, exit........u go buy open market, u wait long long lah it become valuable like Microsoft, Apple or Tesla lah....if that ever happen 

Yah... not to mention the "cuts" they take for acquisitions, purchases and even expenditures. 

Anyway, maybe you should start your own startup of massage ports. I'm pretty sure many in K would support you for your business acumen.  Can start by giving incentives of free "massages" for every investment.

topkek....u want me to scam ktard isit? 

*Ahem* It's called an Investment.

So funny when all this tech companies come in with a bang, what to disrupt this and that but end of can’t make money. Even sell nasi lemak makes more profit. No need to disrupt anything

So funny when all this tech companies come in with a bang, what to disrupt this and that but end of can’t make money. Even sell nasi lemak makes more profit. No need to disrupt anything

investment is when ada return, ini investment tarak return punya 

Yes. The worst part is they kill of traditional businesses which have been providing goods and services all these while. Do not make the same mistake like we did in killing off taxis completely.
Well, the general public can get cheaper massages subsidized by investor money for a short period of time. And how the whole industry is run gets turned around. So I guess that's the "return" we are talking about.

Well, the general public can get cheaper massages subsidized by investor money for a short period of time. And how the whole industry is run gets turned around. So I guess that's the "return" we are talking about.

Hope your wife has a speedy recovery man
Their overhead costs are damn high la

You think the tech that runs the entire thing is cheap? You think can just spin up a cloud server and be done with it?

Not to mention the cost of support to handle all the operational woes.
Their service is not a luxury game, good reliable service is not that important compared to cheap fares. To succeed, they need volume, which is why they fought hard against Uber in the early years. See who got more marketing budget to burn, winner takes all.

You don't think they know your perspective? Its valid, but it won't make them money and eventually they will die if follow what you say. They have the data to derive decisions from, they know which prices consumers can accept and what they can't. Don't be surprised if prices were A/B tested in large numbers to compare.

The stupid thing they're doing is squeezing their riders/drivers which is the life blood of the company. Without them, nothing runs. Their new rates are ridiculous, though I can see what they're trying to do. I think its the wrong move. The layoffs are to be expected, its happening to all major companies around the world.

Serious talk though, the kind of business Grab is in, is a really tough business to get working. Balancing the 3 pillars (customer, rider & self) is extremely difficult. One pillar sure kena tekan like shiet.

Rush hours still very hard to find grab car.. missed the pre pandermic time..
3am still find get grab car to penang airport. Now macam very hard.

All grab drivers have moved to in drive.

time to yeet from the sinking ship to the next vc funded company.
i tot one cofounder not involved anymore no?

btw those 1k grab employees got laid off, can go become grab drivers now.

then they get to experience their own sohainess first-hand and get to experience what drivers always faced when dealing with them 

also i hope the rakan grab fb admin is one of them.

Hope your wife has a speedy recovery man
Their overhead costs are damn high la

You think the tech that runs the entire thing is cheap? You think can just spin up a cloud server and be done with it?

Not to mention the cost of support to handle all the operational woes.
Their service is not a luxury game, good reliable service is not that important compared to cheap fares. To succeed, they need volume, which is why they fought hard against Uber in the early years. See who got more marketing budget to burn, winner takes all.

You don't think they know your perspective? Its valid, but it won't make them money and eventually they will die if follow what you say. They have the data to derive decisions from, they know which prices consumers can accept and what they can't. Don't be surprised if prices were A/B tested in large numbers to compare.

The stupid thing they're doing is squeezing their riders/drivers which is the life blood of the company. Without them, nothing runs. Their new rates are ridiculous, though I can see what they're trying to do. I think its the wrong move. The layoffs are to be expected, its happening to all major companies around the world.

Serious talk though, the kind of business Grab is in, is a really tough business to get working. Balancing the 3 pillars (customer, rider & self) is extremely difficult. One pillar sure kena tekan like shiet.

this kind of co also can get US$100M funds from investor 

lol funny joke is they done retrenchment then found out that they use more money than expected so now they change the plan to change the employee policy and also KPI which impossible to do it one

in cantonese they say dun have so big head but want wear so big helmet

now the property agent try to boikot them and also like those small competitor *Edge prop or Mudah Prop also do better and well than propertyguru and iproperty

and the viewership and lead from propertyguru and iproperty are dropping tremendous , internal everyone know this but they just keep blame this to like too many holiday and also market issue.

they try hard to cover everything