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 didn’t 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"
Lol who cares? 5 years from now, Uber will be in the 100s of billions.
Come join the party
Meh I make good money, like my team, like my career growth, and Lyft will also grow.
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.
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It’s 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