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Acquiring a stake in all the over-valued startups seems like a double-edged sword. The valuation markdown at the time of IPOs of these startups will affect Uber
by kkcorps 7y ago
Acquiring a stake in all the over-valued startups seems like a double-edged sword. The valuation markdown at the time of IPOs of these startups will affect Uber too.
- acd10j 7y agoBut ubereats and other Uber subsidiaries that they sold were themselves over valued, You can see these acquiring a stake as diversification in highly competitive marketplace.
- ulfw 7y agoWithout a doubt. And most of them won’t have the market to get the lofty valuations paid out (which didn’t even work in the best funded market - the US)
- kick 7y agoYandex definitely isn't over-valued. It's undervalued, if anything.