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Re:Uber Sets Valuation Record of $17B in New Funding by w1ntermute on Friday June 06, 2014 @01:42PM (#7859290)
> Given they are getting banned in entire markets, I think this evaluation is crazy.

Well, I'm sure they will spend at least some of that $1.2b to bribe politicians into reversing those bans.

Re:Uber Sets Valuation Record of $17B in New Funding by opendais on Friday June 06, 2014 @01:46PM (#7859320)
I am sure they will be able to exert pressure from their investor community on the political community. I'm pretty sure $1.2 billion in VC money is as valuable than all of those VCs exerting political pressure to keep them in markets. ;)

I'm pretty sure there will be no bribes. :P

I think part of my issue is alot of the rules that their contractors bend/break are reasonable.

It is like my issue with AirBnb. There is a good reason for many of the 'short term' rental laws.

We aren't talking about the bullshit Tesla bans here, after all.