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A comment on Uber Sets Valuation Record of $17B in New Funding. Parent comment

Re:Uber Sets Valuation Record of $17B in New Funding by lotsofpulp on Friday June 06, 2014 @01:52PM (#7859357)
It's a fantastic business model (low liability, high scalability), and if they can pull it off, it will be worth way more than $17B. That's the bet that these investors are making. Same thing with AirBnB (and many many other tech companies).
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Re:Uber Sets Valuation Record of $17B in New Funding by opendais on Friday June 06, 2014 @02:06PM (#7859439)
Yes but the market isn't that large and if they can pull it off, so can other people.

Even if Uber manages to capture 25% of the market, it isn't going to hit $170B market cap.

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Re:Uber Sets Valuation Record of $17B in New Funding by curmudgeon224 on Friday June 06, 2014 @03:22PM (#7859851)
Exactly. And those other people can do it a lot cheaper than Uber because they'll be taking advantage of the costs/time Uber is spending on lobbying.
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