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05-26-2014, 05:44 PM
Uber's Valuation Rockets to $17 Billion, Report Says
http://rack.1.mshcdn.com/media/ZgkyMDE0LzA1LzI2LzQ4L1ViZXJUcmF2aXMuLjA1ZmNhLmpwZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/950ef75f/78e/Uber-Travis.jpg.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Uber%27s+Valuation+Rockets+to+%2417+Billion%2 C+Report+Says&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F26%2Fu ber-valuation-17-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F26%2Fuber-valuation-17-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Less than a year ago, reports were circulating (http://mashable.com/2013/04/30/uber-billion-dollar-valuation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) that on-demand car service Uber was closing in on a $1 billion valuation. **w that looks like pocket change.
Last week, the company's reported valuation jumped quickly from $10 billion to $12 billion. On Sunday, a new number made the rounds: $17 billion
See also: A Top New York Taxi Commissioner Is Joining Uber (http://mashable.com/2014/05/20/new-yorks-deputy-taxi-commissioner-joins-uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
The Wall Street Journal (http://blogs.wsj.com/digits/2014/05/25/investor-talk-on-ubers-valuation-hits-as-high-as-17-billion/) reports that the latest funding round for the company has attracted a lot of interest from investors, prompting a run-up in its valuation. The swooning numbers have scared off at least one potential investor: The investment firm General Atlantic passed after the quoted valuation was around $14 billion, the Journal reports. Read more... (http://mashable.com/2014/05/26/uber-valuation-17-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Valuation (http://mashable.com/category/valuation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Uber (http://mashable.com/category/uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/ZswqODsssZc
http://rack.1.mshcdn.com/media/ZgkyMDE0LzA1LzI2LzQ4L1ViZXJUcmF2aXMuLjA1ZmNhLmpwZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/950ef75f/78e/Uber-Travis.jpg.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Uber%27s+Valuation+Rockets+to+%2417+Billion%2 C+Report+Says&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F26%2Fu ber-valuation-17-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F26%2Fuber-valuation-17-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Less than a year ago, reports were circulating (http://mashable.com/2013/04/30/uber-billion-dollar-valuation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) that on-demand car service Uber was closing in on a $1 billion valuation. **w that looks like pocket change.
Last week, the company's reported valuation jumped quickly from $10 billion to $12 billion. On Sunday, a new number made the rounds: $17 billion
See also: A Top New York Taxi Commissioner Is Joining Uber (http://mashable.com/2014/05/20/new-yorks-deputy-taxi-commissioner-joins-uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
The Wall Street Journal (http://blogs.wsj.com/digits/2014/05/25/investor-talk-on-ubers-valuation-hits-as-high-as-17-billion/) reports that the latest funding round for the company has attracted a lot of interest from investors, prompting a run-up in its valuation. The swooning numbers have scared off at least one potential investor: The investment firm General Atlantic passed after the quoted valuation was around $14 billion, the Journal reports. Read more... (http://mashable.com/2014/05/26/uber-valuation-17-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Valuation (http://mashable.com/category/valuation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Uber (http://mashable.com/category/uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/ZswqODsssZc