5 ms·
> I'm not arguing that Uber is worth $17 billion No one is arguing that. Investors are valuing Uber at $17 billion, which means future value, not current worth
by patrickaljord 12y ago
> I'm not arguing that Uber is worth $17 billion
No one is arguing that. Investors are valuing Uber at $17 billion, which means future value, not current worth. I know you know that but many people seem to be confused by high valuation by looking at current revenues which is weird from supposedly tech bloggers. And you're right about its future in logistics too. Huge potential there.
- venomsnake 12y agoDon't UPS, FedEx, USPS have much more talent and software already deployed.
- deleted 12y ago[deleted]
- hyperliner 12y ago"which means future value, not current worth." No it doesn't. The value is today. If it was some future value different from today's value, then someone would be arbitraging on the difference. Maybe you are trying to say that the value today is based on future performance, which should be obvious.
- Alupis 12y agoI believe we are experiencing a Startup Valuation Bubble, evidenced by extreme purchases such as WhatsApp for $16 Billion (and instant messaging company), Oculus for $2 Billion (a research company with no product), SoundCloud, etc, etc etc. While other companies like Satellite companies are selling in the hundreds of millions, not billions. I don't think these gross over-valuations are sustainable. These are all companies that a few years back, would have, at best, sold for a few hundred million.
- mscarborough 12y agoWell of course it's all useless companies, but then how could we suck Graham's and stupid fuck Andreesen's dicks?
- Someone 12y agoThat $17 billion is current value, not future value. The investors are paying now. They will want to make a profit, so they must assume the company, some time in the future, must become worth more than that (stochastically).