|
In response to
"As of this summer, Uber was valued at $68 billion. It is as valuable as General Motors, Harley-Davidson, and Ferrari combined -- (link)"
by
Beaker
|
It's not really. Private company valuations != public company ones.
Posted by
spamlet
Nov 1 '16, 12:04
|
What they are raising isn't simple common stock where you can take price of shares times number of shares and get a valuation. There's also all sorts of preferences and accelerators that can't be easily accounted for.
It's actually probably worth half that, which is still astounding.
|