Thursday, February 19, 2015
Uber just added an additional USD1 billion?
"Uber brings Series E to USD2.2 billion, has how raised over USD5 billion in venture funding"
USD5 billion in venture funding?
The Smart fortwo cost on average USD15,000
USD5 billion / USD15,000 = 333,333 cars!
With USD5 billion Uber could had bought 333,333 Smart fortwo cars!
Incredible! Uber raises ANOTHER USD1.2 billion round!
Snapchat, raising another round at a USD16-USD19 billion valuation ?
How Fab went from a USD1 billion valuation to a USD15 million fire sale
There is a large dotcom bubble fueled by venture investment funds, investors who are dragging other investors to continue investing until they can sell shares of the company and recover leveraged money, but the last holder of shares is going to lose.
Article at Vator: The USD1B valuation club became super crowded in 2014
With valuations jumping so high, the USD1 billion club is getting easier and easier to get into. In 2014 alone, 38 different companies entered the USD1 billion club, according to a report from CB Insights. That is more than the three previous years, when only 22 companies made it combined.