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eqdw · 3319 days ago · link · · parent · post: Uber Investor (Bill Gurley): The Bay Area Bubble Will Pop This Year, And More Than Tech Will Suffer
I also feel like Uber is overvalued, but: they are sill valuable. They've basically introduced arbitrage into an industry that previously had a massive amount of underused supply, and in the process substantially dropped the cost of that service. This is a valuable service