Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ...
by icebraining on Thursday December 04, 2014 @02:00PM
(#8700970)
And others can't get VC cash, why?
[ Parent
| on HN ]
Re:Uber Confirms New $1.2B Funding Round, Looks to Asia for ...
by untog on Thursday December 04, 2014 @02:12PM
(#8701025)
VC cash isn't infinite, and the amount available today won't last indefinitely. And are many VCs really likely to invest in a new startup when Uber just got over a billion dollars of cash? You can be as innovative and disruptive as you want, you're still going to have an extremely hard time beating a company with $1.2bn in the bank.