Uber's $40 Billion Valuation: What Does Social Media Think?
Uber is trending on Thursday, as the company just confirmed a $1.2 billion financing round.
The New York Times reports that figure could give Uber a total valuation of $40 billion, though an exact number remains unknown.
"Fortunately, taking swift action is where Uber shines, and we will be making changes in the months ahead," CEO and co-founder Travis Kalanick wrote in a blog post.
So, what are people on social media saying about the news?
Uber blog post: "over 250 cities in 50 countries. We are 6 times bigger today than 12 months ago" Sick, just sick -> http://t.co/8mg4TjsOqe
— Tae Kim (@firstadopter) December 4, 2014
At a $40 billion valuation, Uber would be worth more than 385 companies in the S&P 500. pic.twitter.com/3tSJLSPNhQ
— Dennis K. Berman (@dkberman) December 4, 2014
Uber will be making changes to become "a smarter and more humble company" https://t.co/pwoUwuvi81
— Craft (@Craftdotco) December 4, 2014
$1.2 bn. In one round. This is kinda scary.
— Martin Weigert (@martinweigert) December 4, 2014
— Eric Gose (@egose) December 4, 2014
And this might be the best tweet of the day:
— Wu-Tang Financial (@Wu_Tang_Finance) December 4, 2014
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