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

[TRFG]

Justified or unjustified?

Personality, I think it's all Bullshyt. GoldMan Sachs is just hyping it for the IPO.

 

[88m3]

of course not


the possibilities are endless as far as expansion goes bar regulation, at the end of the day it's still a taxi company. do they even have any assets?

 

[Domingo Halliburton]

no. silicon valley lives in their own world. Andreesen or Thiel or whichever VC has their hands on it will make a killing in the IPO.

 

[Domingo Halliburton]

of course not


the possibilities are endless as far as expansion goes bar regulation, at the end of the day it's still a taxi company. do they even have any assets?

is facebook worth $100 billion?

 

[TRFG]

of course not


the possibilities are endless as far as expansion goes bar regulation, at the end of the day it's still a taxi company. do they even have any assets?

You're watching the Closing Bell on CNBC too?

is facebook worth $100 billion?

Facebook is actually making a profit tho

 

[TLR Is Mental Poison]

Im still pissed I didnt short FB's IPO

That was easy money

Uber is harder to judge, they dont have an established business model. But unless they are makign $2-3B a year in income, naw I dont trust em either

 

[Futuristic Eskimo]

6x year over year revenue growth is impressive, though.

 

[TLR Is Mental Poison]

6x year over year revenue growth is impressive, though.

Wats the profit lookin like though

 

[Futuristic Eskimo]

Wats the profit lookin like though

I dont know. They haven't disclosed. At this stage of maturity, investors are willing to pay for growth. It happens every time and people are still bewildered by it when articles like these come out.

You've got Goldman bankers throwing a masterful pitch at them. Investors are probably sitting there like

 

[☑︎#VoteDemocrat]

of course not


the possibilities are endless as far as expansion goes bar regulation, at the end of the day it's still a taxi company. do they even have any assets?

Do they own any of the vehicles?

 

[☑︎#VoteDemocrat]

6x year over year revenue growth is impressive, though.

I'm saying...its really a market for the taking...and they're super embedded in a lot of products like other apps.

Google maps links to Uber.
Transit (a subway/bus navigation app around the world) links to Uber
EVERYTHING links to Uber.

All that stuff matters.

I know one thing though, some Uber X drivers are BANKING out here.

 

[TLR Is Mental Poison]

I dont know. They haven't disclosed. At this stage of maturity, investors are willing to pay for growth. It happens every time and people are still bewildered by it when articles like these come out.

You've got Goldman bankers throwing a masterful pitch at them. They're probably sitting there like

I mean if I had a business model that got investors to pay me to give away $2 for every $1 I take in I'd see hella growth

Its not wat u make... its wat u pay ur shareholders

 

[tmonster]

is facebook worth $100 billion?

depends on what you think they do
I think they are a web com globally positioned at the center of the pay per click advertising paradigm and as such, yeah...I think they are worth more than 100 billion. They are not competition proof however and have no moat.

 

[nomoreneveragain]

Do they own any of the vehicles?

But they take 25% of the cut

Uber is Big $$$ in NYC

 

[Domingo Halliburton]

depends on what you think they do
I think they are globally positioned at the center of the pay per click advertising paradigm and as such, yeah...I think they are worth more than 100 billion. They are not competition proof however and have no moat.

I was more referring to his point about assets.

edit: didn't realize it was 200 billion now.