糖心视频

Morning Report: What is Uber worth?

What’s Uber worth? There’s a bit of disagreement. The says $62.5 billion. Bloomberg the company at $69 billion in March of 2017. But MarketWatch it was $68 billion in November of that year.

Follow Crunchbase News on &

It’s harder to value Uber than most private technology companies. This is because its funding became increasingly exotic as it grew. It’s also worth mentioning that private companies are inherently聽less liquid than public shops, making Uber’s IPO reticence component to its valuation muddle.

And now, in the wake of the SoftBank deal, the company’s valuation has perhaps shifted once again. As we well know, the done deal includes a huge chunk of secondary at a valuation of roughly $48 billion. And a small amount (comparatively) of primary at the prior $68 billion valuation (using the number reported in Fortune’s Term Sheet this morning).

So what is the firm worth? The $69 to $70 billion post-money valuation that the primary transaction implies, or the $48 billion figure set by the far larger, secondary sale? (This parlor game has .)

I think it will end up depending on who you ask until the firm is formally repriced through an IPO or new capital injection. Until then, Uber partisans will likely hold fast to the $69 to $70 billion number, while Uber’s various detractors will stamp about holding signs that read “$48 billion.”

And they won’t find much middle ground until a third-party comes in and reprices their lucky strike and聽bogeyman, respectively.

So for now, you can pick your number and still annoy half your friends. Which half, of course, you can leave to chance by just flipping a coin. Good luck!

From The聽:

Forecast 2018: Texas, cryptos, AI, and anti-tech portfolios

• A new year is upon us, which means it鈥檚 time to forecast what the next twelve months will bring. At Crunchbase, we鈥檙e predicting that 2018 will usher in the rise of聽anti-tech portfolios, rocky聽times for cryptocurrencies, a bullish streak for the聽Texas startup scene, and a growing acknowledgment that our AI future will require more聽human help.

SoftBank finalizes Uber deal

• SoftBank is reportedly buying a roughly 20 percent stake in Uber from its existing shareholders at a $48 billion valuation. That鈥檚聽way down聽from the $68 billion valuation Uber secured in a recent financing round.

Alternate cryptos outpace bitcoin

• Bitcoin saw a staggering rise in 2017. However, its ascent has been modest in comparison to other cryptocurrencies, in particular Ripple. As a result, bitcoin is聽near a low point聽in its share of the aggregate value of its asset class.

Crunchbase News recaps 2017

• It鈥檚 been less than a year since the launch of Crunchbase News, but never too early for a bit of nostalgia, as we聽recap the themes聽we visited in 2017.