Uber’s $18.2B Valuation Is a Head Scratcher
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Uber’s $18.2B Valuation Is a Head Scratcher
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Re: Uber’s $18.2B Valuation Is a Head Scratcher
#2Valuations are "stretched" for a number of stocks. These things are cyclical and always work themselves out.
IMO nothing compares with Facebook buying $30 m/yr revenue company WhatsApp for $19 billion. That will probably be the high water mark for this boom/bust cycle. Much like AOL buying Time Warner for $164 billion marked the peak of the 2000 dotcom era.
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#3Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business.
http://www.ibisworld.com/industry/default.aspx?indid=1951
So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#4Valuations are "stretched" for a number of stocks. These things are cyclical and always work themselves out. IMO nothing compares with Facebook buying $30 m/yr revenue company WhatsApp for $19 billion. That will probably be the high water mark for this boom/bust cycle. Much like AOL buying Time Warner for $164 billion marked the peak of the 2000 dotcom era.
Well once Google buys Uber (who else could/would?), $19 billion won't be enough...
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#5Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business. http://www.ibisworld.com/industry/default.aspx?indid=1951 So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
Is this report North America only? My home state of Victora, Australia's taxi industry is described as a "1.8 billion dollar" industry.[1]
[1] http://www.smh.com.au/business/taxi-industry-warns-of-500m-b...
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#6Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business. http://www.ibisworld.com/industry/default.aspx?indid=1951 So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
Is this report North America only? My home state of Victora, Australia's taxi industry is described as a "1.8 billion dollar" industry.[1] [1] http://www.smh.com.au/business/taxi-industry-warns-of-500m-b...
Ok I thought that it may have only been domestic, thanks!
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#7Now we need a "P2P Taxi Meter" for drivers and a "Kayak for P2P Rides" for passengers.
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#8Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business. http://www.ibisworld.com/industry/default.aspx?indid=1951 So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
In addition to global market size possibly being bigger, I believe Uber is capturing a bigger market size by targeting low end cost spectrum. Case in point, I rarely use cabs but have used Uber on and off for rides to places. It may just be me but I believe even in this market alone, the market size is bigger overall.
Add in the fact that Uber is tackling on new mediums like local delivery and the market size gets bigger yet again.
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#9Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business. http://www.ibisworld.com/industry/default.aspx?indid=1951 So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
In addition to global market size possibly being bigger, I believe Uber is capturing a bigger market size by targeting low end cost spectrum. Case in point, I rarely use cabs but have used Uber on and off for rides to places. It may just be me but I believe even in this market alone, the market size is bigger overall.
Add in the fact that Uber is tackling on new mediums like local delivery and the market size gets bigger yet again.
Re: Uber’s $18.2B Valuation Is a Head Scratcher
#10Even stranger when you consider that the Taxi AND Limo business is collectively an $11B/year business. http://www.ibisworld.com/industry/default.aspx?indid=1951 So if this isn't bubbly stuff, Investors must at least be extremely bullish on Uber increasing its market share.
In addition to global market size possibly being bigger, I believe Uber is capturing a bigger market size by targeting low end cost spectrum. Case in point, I rarely use cabs but have used Uber on and off for rides to places. It may just be me but I believe even in this market alone, the market size is bigger overall.
Add in the fact that Uber is tackling on new mediums like local delivery and the market size gets bigger yet again.