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Paper loses...if the stock increases. Uber already was valued at $80 BILLION, it takes a lot of money and feet in the ground to increase revenue and share, it's
by onetimemanytime 7y ago
Paper loses...if the stock increases. Uber already was valued at $80 BILLION, it takes a lot of money and feet in the ground to increase revenue and share, it's different from Google and FB.
- FactolSarin 7y agoAs of right now, the stock price has dropped even further to $37. This is a brutal day for Uber stock holders.
- pmart123 7y agoI think that is part of the big disconnect between private and public markets. The public market has been valuing simplicity in business models lately with old conglomerates like GE, Honeywell, Phillips, and UTX selling or spinning off units. The private market has been valuing potential and multi industry domination to some extent. Some companies like Apple, Amazon, and Microsoft have been able to have multiple avenues, but this has come after multiple successes, and what I would classify as cleaner underlying objectives. At this moment in time, Uber and Lyft would be better served proving the underlying unit economics work to receive a better public market price. I think if both could show meaningful progress in this regard, it would help stabilize their stock prices.
- burnte 7y ago> Uber already was valued at $80 BILLION yes, but remember, that's a valuation based on how much of the company was sold off and for how much. $80bn hasn't been poured into Uber, just a fraction of that. Still way too much, but nowhere near $80bn.