9 ms·
Uber’s share price hasn’t increased since 2016 (or maybe 2015? On mobile.) The increase in valuation is essentially equal to the cash they’ve raised since then
by mrosett 7y ago
Uber’s share price hasn’t increased since 2016 (or maybe 2015? On mobile.) The increase in valuation is essentially equal to the cash they’ve raised since then - 30 billion or so including a big chunk in the IPO.
- benj111 7y agoI'm still not sure lack of growth == crash. I'm trying to reason whether what you say is actually correct. I mean if I have (loss making) company worth $1, with $1 in the bank, then raise $10 spend that on 'growth', 1 year later I have a (loss making) company worth $11, with $1 in the bank. It has increased in 'value', non of the shareholders are seeing the benefit though. I definitely don't think you could say there was a crash though.