Uber worth $18 billion
- Thread starter jerry55
- Start date
Uber gains for Benchmark, Menlo Ventures and Google Ventures - Fortune
I'm curious to see how the Google/Uber connection plays out with all this self-driving car stuff in the future. Uber is currently encountering a lot of resistance/hate in a lot of cities and government.
Can Google help them out with all of the regulatory hurdles and legal/political chaos that is upcoming, etc? I'm just wondering how these two players will "partner" and benefit each other in the next few years.
I'm curious to see how the Google/Uber connection plays out with all this self-driving car stuff in the future. Uber is currently encountering a lot of resistance/hate in a lot of cities and government.
Can Google help them out with all of the regulatory hurdles and legal/political chaos that is upcoming, etc? I'm just wondering how these two players will "partner" and benefit each other in the next few years.
They arent going to partner, google will buy the company and replace all the drivers with robots.
California to Issue Driving Licenses to Robots - IEEE Spectrum
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def worth it. When I traveled to L.A. in Dec I must have used Lyft and Uber at least a dozen times. Really awesome drivers, only have to wait 5-10 minutes to get picked up, nice cars you get picked up in. Fuck the taxi industry, they should have done this years ago.
makes me wonder why anyone would do IM marketing or any income related work (unless I guess you;re Tom Cruise or in the MLB)
read the Picketty book. all the $ to be made is in capital. no A/B testing, clicks, tracking or that shit. Just wait 6 months and increase your $ by 5x with no work on your part but providing the investment. That's how you do it. I had 10k around and would love to turn it into 100k but the problem is you need connections to invest these companies pre-IPO. Snapchat seems lie a steal at $3 billion. soon to be worth $30 billion.
read the Picketty book. all the $ to be made is in capital. no A/B testing, clicks, tracking or that shit. Just wait 6 months and increase your $ by 5x with no work on your part but providing the investment. That's how you do it. I had 10k around and would love to turn it into 100k but the problem is you need connections to invest these companies pre-IPO. Snapchat seems lie a steal at $3 billion. soon to be worth $30 billion.
We got a member here that can turn that shit into 100k in 6 months. I can't remember his name but he's got a thread kicking around here someplace.
They've been getting MAJOR shit from the local government here in this city (chicago)
but since we're corrupt as fuck, google backing them = enough money/connections to get whatever they want done, most likely.. But then again, the cabbies here have history/connections too.. it'll be interesting to see how it plays out.
But atm, ive seen 1 ruling go uber's way.. first they were in the airport, then they got shut out, then 2 days later they were back in.. We'll see what ends up happening on a permanent basis.
but since we're corrupt as fuck, google backing them = enough money/connections to get whatever they want done, most likely.. But then again, the cabbies here have history/connections too.. it'll be interesting to see how it plays out.
But atm, ive seen 1 ruling go uber's way.. first they were in the airport, then they got shut out, then 2 days later they were back in.. We'll see what ends up happening on a permanent basis.
Euro-Butthurt, writ large.
Cliffs version:
- Socialist retards pay into ponzi scheme for decades thinking that it was actually the only way to protect customers from fraud.
- Entrepreneurs show them that it isn't.
- Socialist retards close down half the traffic in Europe protesting the entrepreneurs, demanding more restrictions and harsh laws.
- Entrepreneurs, being the only fleet of cars available, are enjoying the fuck out of all this extra business, which is helping them grow faster than ever.
The Lulz will keep growing on this one boys, just watch.
"worth" is difficult to work out when there are so many future revenue/strategic positions that are unknown, the bet on the upside from dominating the personal transport market is unbelievably huge.
From an anecdotal perspective, they are so aggressive as a company, disrupting like noone else. In London and across Europe Taxi drivers have been protesting (why else but because Uber are a) better b) eating their lunch) but Uber handled the whole thing with a mix of positive outreach, "we're on the customer's side", and also by launching services for the taxi drivers themselves on the same day as their strike which was genius.
I think they're going to dominate, the service is excellent and I've spent probably $500 this year on Ubers and referred more than 10 friends with my voucher. I normally probably spend around $200 a year on cabs, with Uber because its actually better than public transport, 1/3 the cost of normal taxis and just awesome reliable service with great drivers who really try hard I actually take them way more often.
Hurry up and IPO so I can buy shares please.
From an anecdotal perspective, they are so aggressive as a company, disrupting like noone else. In London and across Europe Taxi drivers have been protesting (why else but because Uber are a) better b) eating their lunch) but Uber handled the whole thing with a mix of positive outreach, "we're on the customer's side", and also by launching services for the taxi drivers themselves on the same day as their strike which was genius.
I think they're going to dominate, the service is excellent and I've spent probably $500 this year on Ubers and referred more than 10 friends with my voucher. I normally probably spend around $200 a year on cabs, with Uber because its actually better than public transport, 1/3 the cost of normal taxis and just awesome reliable service with great drivers who really try hard I actually take them way more often.
Hurry up and IPO so I can buy shares please.
A) Half the traffic wasn't shut down in Europe, most people didnt notice but read about it in the news. Nice free advertising for uber.
b) Its not a "euro-butthurt" issue, taxi medallions/licenses in NYC cost hundreds of thousands of dollars and keep newcomers out far more than in London for instance where a minicab license is easy to come by (pre booked rides only), but a i.e. Black cab (hailing customers off the street) is quite hard.
c) The facts on the ground show that the "socialist retards" are too late and Uber is already dominating in several major European markets, their protest just made more people find about Uber.
Also, calling them socialist is just Fox News labelling-propaganda. They are just guys, real people, who have worked really hard to save up and follow the rules to earn a living and for the most part are freelance, right wing leaning, free marketeers. Now there's this ultra aggressive newcomer that is literally reducing their pay checks by fat chunks very fast. They aren't "socialists" for shitting their pants.
What do you guys think of Tinder? I would think it's a goldmine based on the fervor for the app but this Forbes article says it's not worth as much as people would like to believe.
No, Tinder Is Not Worth $5 Billion - Forbes
No, Tinder Is Not Worth $5 Billion - Forbes