Uber Technologies Inc. has a valuation in nosebleed territory, and this could pressure the company once it eventually goes public.
With its latest venture funding round that values the company at about $40 billion, Uber has the highest valuation of any privately held tech business. And despite Uber’s legal and other issues, investors are still clamoring to get in early on the San Francisco based car-hailing app company, even at skyrocketing prices.
These issues are not inconsequential.
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