I don't think you ever have full visibility into something as speculative as Uber so following the herd is understandable even if it's not likely to yield big r

I don't think you ever have full visibility into something as speculative as Uber so following the herd is understandable even if it's not likely to yield big returns for most people. Also, I would not discount early investors assuming they can sell out before the levee breaks. That seems pretty rational.