I don't see any real sign that the Waymo lawsuit halted their self-driving car program. It may yet, but so far, what it's forced them to do is "fire Levandowsk

I don't see any real sign that the Waymo lawsuit halted their self-driving car program. It may yet, but so far, what it's forced them to do is "fire Levandowski." I do think it was always ridiculous to imagine that Uber would create a durable advantage in driverless cars. For better or for worse, Uber is the paramount example of the post-social-media dominated tech startup scene. If it turns out to be massively overvalued, I think you're right that it will absolutely spook investment in tech. Everyone's going to be asking, "If these investors were so massively wrong on Uber, after dumping billions and billions into it, how much insight could they possibly have?" I don't know that that will mean a tech "bubble" or collapse, but I think it'll be way harder to raise money in tech for a while if Uber's ultimate valuation is, say, south of $10B.