Saving up for a dino 246

There’s an old story about a guy taking a smoke break with his non-smoking colleague.

“How long have you been smoking for?” the colleague asks.

“Thirty years,” says the smoker.

“Thirty years!” marvels the co-worker. “That costs so much money. At a pack a day, you’re spending $1,900 a year. Had you instead invested that money at an 8% return for the last 30 years, you’d have $250,000 in the bank today. That’s enough to buy a Ferrari.”

The smoker looked puzzled.

“Do you smoke?” he asked his co-worker.

“No.”

“So where is your Ferrari?”

Food delivery maybe slightly less unprofitable?

https://www.forbes.com/sites/greatspeculations/2018/12/24/is-80-billion-valuation-achievable-for-didi-chuxings-ipo/

https://investor.uber.com/news-events/news/press-release-details/2020/Uber-Announces-Results-for-Fourth-Quarter-and-Full-Year-2019/

https://investor.lyft.com/news-releases/news-release-details/lyft-announces-record-fourth-quarter-and-fiscal-year-results

https://www.google.com/amp/s/www.forbes.com/sites/greatspeculations/2019/01/10/how-much-is-grab-worth/amp/

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN2070LJ

https://techcrunch.com/2020/05/25/chinas-food-delivery-giant-meituan-hits-100b-valuation-amid-pandemic/