'An app my cat could have written': Larry Ellison reportedly says Uber's business model is 'almost worthless'

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'An app my cat could have written': Larry Ellison reportedly says Uber's business model is 'almost worthless'
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The billionaire cofounder or Oracle who is on Tesla's board isn't a fan of WeWork either, he told a group of entrepreneurs at his San Francisco home.

Larry Ellison is said to be far less bullish than Wall Street when it comes to Uber. The Oracle founder trashed Uber's business model at a private San Francisco event this week, according to Barron's. "They have nothing," he reportedly said of the ride-hailing giant."No technology. And no loyalty." Visit Business Insider's homepage for more stories.

Larry Ellison is said to be far less bullish than Wall Street when it comes to Uber. The Oracle founder trashed Uber's business model at a private San Francisco event this week, according to Barron's. "They have nothing," he reportedly said of the ride-hailing giant."No technology. And no loyalty." Visit Business Insider's homepage for more stories.

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