uber just doubled its valuation in 5 months, thank you QE

[S2007S]

They just received another round of funding now valuing them at $40,000,000,000 up from $17,000,000,000 this past June.

Seems companies today see valuations double over night. It takes decades and sometimes a generation for a company to double its valuation and here we have a company only 5 years doubling in value and worth more than most companies trading on the Dow...oh that's right QE has been the simple reasoning why....

 

[istoptime]

hire tons of suckers, promise riches, and take their cash as they work while you eat caviar. i might hire 100,000 interns tonight and have them chase their dream as i give them the motivational speech!!! uber will not last, but the owner made a billion so who cares....there will always be sheep.

 

[newwurldmn]

What does QE have to do with UBER's valuation?

 

[S2007S]

What does QE have to do with UBER's valuation?

QE has everything to do with ubers over inflated and hyped valuation....QE is the reason today Uber has a valuation of $40 billion, if QE never existed all this funny money wouldn't have trickled down to such investments.

 

[newwurldmn]

Clearly. No bubbles existed before QE. And UBER has no revenues to speak of.

 

[bond_trad3r_II]

Uber will be a $200 billion IPO.

 

[S2007S]

Uber will be a $200 billion IPO.

Easy easy....
And within 10 years might be worth a trillion dollars....