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uber moves pretty fast. I think their speed of innovation is commendable. But 17 billion USD evaluation still seem unjustified to me.
by vishalzone2002 12y ago
uber moves pretty fast. I think their speed of innovation is commendable. But 17 billion USD evaluation still seem unjustified to me.
- goatforce5 12y ago'Unjust' to who?
- vishalzone2002 12y agoI said me there..why a negative for that?
- evanb 12y agoI think you mean unjustified. Unjust usually means something like: against the principles of justice.
- vishalzone2002 12y agoyes thats right, fixed now!
- dansky 12y agoThey are shooting to become "too big to fail". Now the play with bankers, media and politics show that direction. There is surely no other way to change the law in their favor in the U.S., may not be so easy elsewhere. For that the valuation seems right and may even have to rise. It's all on paper. Think of Uber as a global taxi and delivery-service - basically aiming to become a new monopoly or the strongest player there. Taxi is very fragmented with money going to lots of pockets. Uber is one pocket.
- aianus 12y agoI used to pay Uber $300+ a month when I lived in SF. Seems like a bargain compared to WhatsApp or Facebook.
- deleted 12y ago[deleted]
- pinkyand 12y agoValuations are about the best possible future. In that future , nobody uses a car but uses UBER to order a personal or a shared car(automated or manual). 17 Billion is nothing for that.