Uber’s valuation – company v/s market

Its valuation is that high despite the fact that it’s not profitable, and despite the fact that it has little protection from competitors baked into what it is and does.

Uber’s valuation, in other words, is a reflection of the global marketplace and not a reflection of Uber’s own durability as a company.

What Happens If Uber Fails?, March 23, 2017 at 03:00AM