Uber’s Valuation Absurdly High

Too Long; Didn't Read

I believe the current valuation of <a href="https://hackernoon.com/tagged/uber" target="_blank">Uber</a> 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 <a href="https://www.crunchbase.com/organization/uber/funding-rounds" target="_blank">large number of debt financing rounds</a>, I would not invest in Uber common stock at any price.