I think a major part of the value in Uber is going to be in future self driving tech. They already have the infrastructure, brand name, and so on in place to migrate rapidly to self driving taxis on an international level. Self driving taxis will, almost certainly, end up a monopolized industry due to the fact that the quality of service will increase in proportion to scale, and prices will inversely scale there. The biggest player is going to be able to offer the highest quality rides for the lowest costs.
Softbank's recent acquisitions also hint towards a possibility of vertical integration which would take the above issues and magnify them that much more.
So 'UBER' i valued at 48B
Why? Whats the breakdown?
How many drivers d they have - and how valuable is the tech which enables said drivers to work, pay the drivers, track their trips, etc...
What % of value is from the extracted data/ vs / the inputs?
Whats the avg ride fare/per region/city/etc
How can anyone invest in a company where the above and thousand of other, inputs are opaque to the investor?
Given that, with the wildly public controversies happening around the company, how could this be considered a safe bet?
They have tech and legal and other issues etc...
so who is really looking at them as solid and why? And if you tell me who, then I shall auto-assume that those looking at them as solid are shady.
CMV.