Why Uber IPO Is Overvalued: Aswath Damodaran

Many members of the 2019 class of tech unicorns have been closely watched as investors seek to bet on future market giants. Ride-hailing giant Uber anticipates that...

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Many members of the 2019 class of tech unicorns have been closely watched as investors seek to bet on future market giants. Ride-hailing giant Uber anticipates that the price of its initial public offering will be between $44 and $50 per share, which would give it a valuation of up to $91 billion, accounting for stock options...

Uber Creator Invents New Cryptocurrency

In November, Garrett Camp had just returned from his first trip to Africa—an “eye-opening” experience, he said—when he informed the world that he would donate half his...

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In November, Garrett Camp had just returned from his first trip to Africa—an “eye-opening” experience, he said—when he informed the world that he would donate half his riches to charity. What Uber’s cofounder and chairman didn’t mention was that he intended to do more than just give away money. Indeed, he had resolved to invent his own....