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Investment is often assumed to be about the purchase of fixed assets. Platform companies like Uber do not primarily invest in costly fixed assets such

Investment is often assumed to be about the purchase of fixed assets. Platform companies like

Uber do not primarily invest in costly fixed assets such as factories because their business

depends on an internet based mobile communications infrastructure. What does

investment

refer to in the FT column and the reply by Dara Khosrowshahi?

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