The Ripple Effects of Private Valuation

In ten years, we'll remember uber as a company the transform bility. I think this idea that you can rely on private valuation is dead. Deep, deep scepticism about the ability and incentives of professionals to actually tell us anything about the likely value of pre ipeo companies are one consequence. These things like good governans, having a clean business model with full transparency, being on the right side of regulation,. these things feel like nuisances, but they are so, so important. But none theless, i to do the work. And if they do it well, it could be a real blockbuster, i po in a good way.