Taxi Driver Online

How much is Uber worth? More than Twitter, Netflix and LinkedIn after latest reported funding round values taxi app at up to $40bn


Uber's latest reported funding round values startup at $40bn (Source: Getty)


Uber, the never-far-from-controversy taxi app, has raised a new round of funding. according to reports, valueing the firm at more than tech superstars such as Twitter, Netflix and LinkedIn.

A new funding round of at least $1bn from new and existing investors is being discussed according to Bloomberg, giving the five-year-old startup a valuation of up to $40bn.

The new sum would see Uber surpass fellow Silicon Valley startup successes, including Twitter with a market cap of $25.6, LinkedIn at $27.7 and Netflix at $21.4m.

It would also see Uber more than double its previous record valuation of $17bn for a direct investment in a US startup, and places it on a level pegging with Chinese mobile maker Xiaomi in the billion dollar startup stakes.

The latest reported round of funding, said to include new investor T. Rowe Price Group and existing investor Fidelity Investments, comes after a series of controversies.

Most recently a senior executive was revealed to have suggested that the private lives of hostile journalists should be investigated. Uber’s outspoken chief executive Travis Kalanick later apologised for the remarks saying they were not representative of the company.

http://www.cityam.com/1416996000/how-mu ... ding-round

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Think of how stupid the average person is, and realize half of them are stupider than that.
George Carlin

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Think of how stupid the average person is, and realize half of them are stupider than that.
George Carlin

Are you making an offer?

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Grandad,

£2.50p

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Think of how stupid the average person is, and realize half of them are stupider than that.
George Carlin

Will you be expecting some change as well?

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Grandad,

No I'm good for it

_________________
Think of how stupid the average person is, and realize half of them are stupider than that.
George Carlin

denial some of you, living in denial I tell you

http://www.standard.co.uk/business/busi ... 84397.html

An app that lets you summon a taxi at the touch of a button could soon be worth more than the likes of Tesco, Rolls-Royce, Twitter and easyJet.

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Think of how stupid the average person is, and realize half of them are stupider than that.
George Carlin

mmmmm,

Tesco, dodgy accounting and horse meat beefburgers
Rolls Royce owned by the hun
Twitter......do i need to comment
Easyjet.....worst airline ive travelled with


Im afraid - like Addison Lee - Uber's success may irritate but....tough

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Of all the things ive lost, i miss my mind the most

Ask their drivers how much it's worth after they've been on shift for 12 hours for £70.

That'll be the 20% they take, you might as well be paying settle to an operator

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Note to self: Just because it pops into my head does NOT mean it should come out of my mouth!!

Yep.

I gather 'über' punters are quite special people ...... Or putting it another way, I've had very little cause to drive by the arse.hole community recently as they're now holding on to their kebabs / lampposts whilst holding their smartphones in the other

That is certainly one advantage of being a Hackney. You can see a punter before you stop and decide if you want to pick them up.

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Grandad,

Rest assured that is also the case with being a PH.

If I don't like the look of them, I don't take them.

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IDFIMH

I think some are under the illusion that ph drivers have no say in the work they do, from my experience nothing is further from the truth.

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Note to self: Just because it pops into my head does NOT mean it should come out of my mouth!!

Of course it is the same for PH but what would UBER do about a driver that accepts a job but then does not do the pick up? If you work through an office you can contact them straight away to tell them why you didn't pick up. Can drivers do this with UBER?

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Grandad,