I believe the current valuation of is absurdly high. I cannot think of any potential acquirers for Uber at anything approaching the current valuation. As a result, I believe that Uber’s valuation will suffer a collapse in the next 5 years, possibly causing the company’s insolvency. Based on the , I would not invest in Uber common stock at any price. Uber large number of debt financing rounds Uber is terribly positioned to deal with the changes associated with robotic cars. , Ford, GM, and Apple are all better positioned to offer ride-sharing associated with robotic cars than Uber is. Despite their efforts to hire top researchers, Uber cannot offer competitive compensation packages at its current valuation, and is forced to do to get talent. Google ludicrous acqui-hire schemes The company’s management is immoral. In 2014, the “most ethically challenged company in Silicon Valley”. The aggressive limitations on employees selling their equity and the company’s refusal to report its financials publicly is, in my opinion, unconscionable. The company faces significant legal risks in every market that it operates. Peter Thiel called it The company’s robotic use of the 5-star rating system is both unethical and ineffective at providing a good ridership experience. I believe a significant number of top employees and top driver-partners will leave within the next 2 years, regardless of any attempts the company may make to prevent it. The company’s business model is only functioning as a result of offering car rides below cost, and Uber will instantly face severe competition once it can’t issue more to subsidize ridership. The app’s technology is almost a commodity at this point, and the barriers to entry are low for any individual geographic market. billion-dollar funding rounds is how hackers start their afternoons. We’re a part of the family. We are now and happy to opportunities. Hacker Noon @AMI accepting submissions discuss advertising &sponsorship To learn more, , , or simply, read our about page like/message us on Facebook tweet/DM @HackerNoon. If you enjoyed this story, we recommend reading our and . Until next time, don’t take the realities of the world for granted! latest tech stories trending tech stories
