https://www.wsj.com/articles/uber-proposals-value-company-at-120-billion-in-a-possible-ipo/ I hope I had cracked that interview loop last week đ˘đ˘
I cancelled my uber account after they chose to pay the hackers that stole my personal info and gave me the finger by never warning me. Unethical company with a shitty moral compass.
Most company, especially those that are just starting out, went through some sort of unethical actions. E.g. remember that MS was sued by multiple states back in the 90âs for its monopoly practice? Whatâs important is what the company will do next. If you believe in not supporting a company with shitty moral compass, you wouldnât have worked with MS not use any of their products, would you?
Msft is the most moral company I know of, but the argument here is uber paying hackers and never admitting or paying for credit monitoring or similar for those victimized by their conduct. They gave me and millions of others no consideration.
MSFT was sued by the EU and United States. In the EU alone, they were fined $1.4 billion. Thatâs beyond âmoralâ, they practically broke the law. Their monopoly tactics affected FAR more people around the world. But MSFT then turned the ship around and MSFT is where they are to do. And thatâs why you join them today, right? Because MSFT HAS changed. Similar to Uber: they did something bad through the action of a select number of people and they DID let go Joe Sullivan and Travis K. (MSFT didnât fire Bill Gates, did they?) Are they getting better? I donât know, I donât work for Uber. But your blanket statement of basically saying a company did one thing bad and everything they do from that point on is always bad to the point youâll boycott their product is.. absurd. If thatâs truly the case, then why even work for MSFT? They did something bad in the past, so letâs boycott their product forever! Remember, it was so bad that two governments (EU and US) sued MSFT. But hey, you do whatever you want.
Back to the original thread. If the IPO really happened next year, how many millionaires there would be?
Enough to fill the streets of SF (because a million after tax still canât afford a damn house in SF 𤣠so might as well live on the streets)
This is not a real valuation. Itâs bankers trying to pitch business to Uber by flattering them with big numbers
ok cisco
Morningstar forecasted the same number a few months ago, itâs not invented