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user-inactivated  ·  3377 days ago  ·  link  ·    ·  parent  ·  post: Uber might be forced to behave like a company, rather than a slave driver

Speaking of Uber, how the fuck is Uber worth $40 BILLION? Caterpillar is worth $45 Billion. Ford has a market cap of $55B. Ford also had $142 BILLION in income last year.

Tell me again how an app that has no real product is worth the same as a company that takes in $142 Billion a year? And how the hell is this not the sign of a stock bubble like we had in '97?