Surely This Is The Biggest Exageration Of Market Cap In History?

ToraToraTora | 15:24 Fri 10th May 2019 | Business & Finance

6 Answers

https://news.sky.com/story/uber-treads-cautiously-with-82-4bn-valuation-ahead-of-market-debut-11715868
No surprise no one is buying, how can it possibly be worth $84bn? How? They run a website, very few actual assets, ok huge potential but all the cab fares in the world don't add up to that much. This will turn into a yard sale at this rate.

Council Disown Public High Way

What Things That We Used To Have In The Past Have Gone Completely

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Question Author

still knit picking typos maggie? Why don't you try and have a go at the actual question? Too tricky for you? some long words eh?

maggiebee

Dr Margaret Browne if you don't mind.

Spicerack

Dr, lol.

jackthehat

Steady, maggiebee, TGT has a Mensa membership-card and he's not afraid to deploy it at a moments' notice....LoL

It's all getting a bit 'South-sea bubble' with regard to the valuation of these internet businesses. Something somewhere will have to give before things return to a more earth-based reality...