Still possible for Uber to be overvalued though. Fedex, a proven business, has an EV of $39BN and FCF of ~$700MM. Uber has a $63BN valuation and loses money. Ub

Still possible for Uber to be overvalued though. Fedex, a proven business, has an EV of $39BN and FCF of ~$700MM. Uber has a $63BN valuation and loses money. Uber could take over the world. Or it might not. A lot of assumptions baked into that $63BN number. Will be interesting