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Uber is going public at a $84 billion valuation

Uber is going public at a $84 billion valuation

Uber Technologies will unveil terms for its IPO on Friday, telling investors it will seek to be valued at $84 billion. The valuation sought is closer to the $76 billion valuation it attained in its last private fundraising round last year. The moderation of valuation expectations reflects the poor stock performance of its smaller rival Lyft following its IPO last month.

KCooper
KCooper
Beisht Kione
Beisht Kione 1 year

To people who understand this kindve stuff, when it's worth that much from the start, is it even worth investing in?

Top in Business