9 years ago
Now I Know Why Investors Are Going Hog Wild About Uber
The digital taxi service Uber is raising money again, which means that people are once again gawping at the company's valuation. The previous round, last summer, was a $1.2 billion deal that valued the company at $18.2 billion (post-money). The new valuation will probably be far higher. Most observers view that valuation as a sign of obvious insanity — further confirmation of "a new tech bubble."
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