Uber IPO valuation ๐ to 90 bil.
Seen posts on lowering Uber IPO valuation to 90 bil. What do you think?
Without knowing good financial , I will pull a random number from my a$$. Ok the Crystal ball said $60B
Actually, the financials are published. Over 10bil in revenue in 2018.
Oh then I just didnโt know .. 9x revenue sounds good to me , not sure how much profit or loss
We don't care. We r in for the 1T future bruh
"The global on-demand transportation market size was valued at USD 75.0 Billion in 2017 and is anticipated to expand at CAGR of 19.8% from 2018 to 2025"
What's the valuation based on? They lose 500 million per quarter and have no assets.
There is a little thing called revenue...
Wouldn't making sales to myself be considered break-even revenue? This year I will aim for 1 billion revenue. There is a real ramp up in demand from Shell Company A for Shell Company B's services.
Itโs still too damn high
Yeah. I think 50-60 would be okish.
Unless they hit it out of the park with their self-driving cars, 60B would be most realistic