Uber Valued at More Than $50B
1–10 of 95 posts
Re: Uber Valued at More Than $50B
#2Wow.. I was curious if the pending employment law debates and changes were going to impact their valuation, it appears not.
Re: Uber Valued at More Than $50B
#3Wow.. I was curious if the pending employment law debates and changes were going to impact their valuation, it appears not.
it was way overblown, the details ignored in the anti-Uber cacophony.
This ruling only effects California and a single driver, as explained by an article in Forbes: http://www.forbes.com/sites/quora/2015/06/30/the-california-...
California did not rule that Uber drivers are employees. Rather, a single labor commissioner made that finding (not a ruling) in an informal, non-binding hearing that is based on the facts of the specific driver’s circumstances, applies only to that driver, is likely to be appealed, and is of no precedential effect. Other commissioners in other circumstances have found the opposite
Re: Uber Valued at More Than $50B
#4Wow.. I was curious if the pending employment law debates and changes were going to impact their valuation, it appears not.
it was way overblown, the details ignored in the anti-Uber cacophony. This ruling only effects California and a single driver, as explained by an article in Forbes: http://www.forbes.com/sites/quora/2015/06/30/the-california-... California did not rule that Uber drivers are employees. Rather, a single labor commissioner made that finding (not a ruling) in an informal, non-binding hearing that is based on the facts of…
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Re: Uber Valued at More Than $50B
#5I wonder how far their valuation can go before they go public.
$100B, $200B, $400B?
Re: Uber Valued at More Than $50B
#6This may be just me..but I feel like Uber is being built up way too much. People outside SF see it as some shining beacon of Silicon Valley tech startups. If they make missteps and show weakness I wonder if it will shake people's perception of how strong the tech industry is now.
Re: Uber Valued at More Than $50B
#7Didn't somebody do the math and came up with $40B for entire taxi business globally?
Re: Uber Valued at More Than $50B
#8Wow.. I was curious if the pending employment law debates and changes were going to impact their valuation, it appears not.
I get the feeling the law will be changed on this. There is far too much money involved to not have workers rights further eroded by Internet billionaires.
Re: Uber Valued at More Than $50B
#9I wonder how far their valuation can go before they go public. $100B, $200B, $400B?
Easily $100 billion. The momentum is too strong.
Re: Uber Valued at More Than $50B
#10This seems ridiculous.