Uber isn't limited by the taxi market: It's limited by the Electronic Thumb market
Worstall @ the WeekendWe've had a look before at that valuation of Uber at $40k bar** and mulled over whether it makes any sense or not. And there's a little snippet of news out that shows that there might be more substance to it than most of us tend to think there is. It could, of course it could, still be just an absurdly over-hyped product of frenzied finance but if this number is true then maybe not.
25 Jan 08:00 | 60