Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Uber security chief Joe Sullivan

Market Insanity

French Uber Rival might start an Insurance Brokerage

One reason why Blablacar is looking into insurance is that it does not charge riders a fee. Instead it makes money only from booking trips in France. Blabalcar is valued at over $1 billion and operates in around 22 countries; including Brazil, from which Uber has been banned.

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