Do y'all really think UBER is worth 41B?

[Domingo Halliburton]

I saw an article. How much could Huffington post be worth?

 

[TRFG]

I saw an article. How much could Huffington post be worth?

200M?

They expanded internationally last year

 

[Domingo Halliburton]

200M?

They expanded internationally last year

I honestly have no idea. Are they owned by anyone? Like conde nast or something?

 

[TRFG]

I honestly have no idea. Are they by anyone? Like conde nast or something?

AOL bought it for 305M in 2011

http://www.thestreet.com/story/12842058/1/what-buzzfeeds-valuation-means-for-huffington-post.html

 

[Domingo Halliburton]

let's make that $62.5 billion

Uber Technologies is looking to raise as much as $2.1 billion in a financing round that would value the car-booking company at $62.5 billion, said people familiar with the matter. Uber has filed paperwork in Delaware detailing the fundraising plans, said the people, who asked not to be named because the plans are private.

The new funding shows Uber is accelerating its race to expand globally and branch into services beyond picking up and dropping off riders. The company has tested food and package delivery in some cities, and is working on new technology, such as self-driving cars. Uber is spending aggressively to expand throughout Asia, particularly in China, where the company expects to spend $1 billion, according to a June letter to investors from Chief Executive Officer Travis Kalanick.

 

[Reality]

Nope, Uber is sorta like a licensing agency

Can't believe this idiot laughed answering this as if NOT owning cars was a problem.

 

[Strapped]

What assets do they own

 

[无名的]

What assets do they own

Who cares? Would you rather be Uber or the taxi company owning one of the most worthless assets on earth, the vehicle?

 

[ADevilYouKhow]

Who cares? Would you rather be Uber or the taxi company owning one of the most worthless assets on earth, the vehicle?

It's better to sell the idea. It's almost pyramid scheme esque.

 

[TRFG]

let's make that $62.5 billion

Never ending cycle of funding. Watch local governments squeeze everything out of Uber through licensing fees and other BS fees.

 

[Domingo Halliburton]

Never ending cycle of funding. Watch local governments squeeze everything out of Uber through licensing fees and other BS fees.

Nobody knows what its actually worth until it goes public...but this will be a alibaba/facebook level IPO.


Biggest risk is a bunch of taxi unions holding onto an overpriced model and influencing politicians, instead of the market letting decide what's best for the consumer.