3 ms·
Uber raises at $3.5B valuation from TPG and Google Ventures
- fizx 13y agoAny way this makes sense other than as an investment into the virtual infrastructure that will route and control a self-driving car ecosystem?
- dmor 13y agoTaxi/limo service is $6B market as is, why does it have to be about self-driving cars to "make sense"? You statement seems to beg the question.
- hayksaakian 13y ago> $6B Interesting given the valuation of Uber. Does it imply that Uber is worth more than half of the Taxi/limo market?
- samstave 13y ago* Build out the technology so that every existing cab service can license and whitelabel * Build out the service so that Uber is the central dispatch to any ride option based on price - also playing into the whitelabel/building of tech * Provide Uber a significant fund with which to seek M&As of existing taxi cos all over the place * Provide an investment sizeable enough to serve as national/global free PR for the service, investment * Provide an investment large enough to back a significant legal team that can take on any metro taxi service's bitching * Provide an investment large enough to lobby the hell out of local/national representation