7 ms·
>still the largest and most successful company to come out of SF this decade. That's a lot less reflective of UBER and more reflective of the type of startups
by throwaway_law 7y ago
>still the largest and most successful company to come out of SF this decade.
That's a lot less reflective of UBER and more reflective of the type of startups SV is trying to take public. Look at any other SV Unicorn that IPO'd...take Twitter that IPO'd in 2013, it turned a profit one year since going public.
- tempsy 7y agoI'm using market cap as a proxy for success not profit... Twitter isn't really a shining example of success either - their share price has been sideways for 6 years.
- devicetray0 7y ago> I'm using market cap as a proxy for success not profit... Market cap is not and has never been a good proxy for success.
- tempsy 7y agoI think you're referring to private valuations