Its hard to value a company without a lot of public numbers: Even he admits here: I am relying on dribs and drabs of information that are coming out of the exi

Its hard to value a company without a lot of public numbers: Even he admits here: I am relying on dribs and drabs of information that are coming out of the existing ride sharing companies, almost all of whom are private Also their cash flow numbers are probably negative at the moment and future cash flow is just a guess. Basically valuing a business like that is throwing Darts at a board. You need to have predicable cash flow to properly value a business.