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user-inactivated · 3378 days ago · link · · parent · post: Uber might be forced to behave like a company, rather than a slave driver
And this explains how Whatsapp and Snapchat have a stock valuation worth more than the cost of the servers.Keynes straight up said that it doesn't matter what a stock is worth, it's what you can sell it for. In other words, Uber is worth $40B because the consensus is there are enough idiots in the stock market that Uber stock could be sold for $40B.