Uber Isn’t Worth $17 Billion


Uber Isn’t Worth $17 Billion
The value of any business, no matter what it does and where it is in its life cycle, is based on its capacity to generate real cash flows. For young firms like Uber, the expected cash flows are in the distant future, and estimating them will require making big assumptions about how the market and the competition will evolve.

June 18, 2014 at 2:15PM
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High-tech hybrids are 2014’s hottest race cars


High-tech hybrids are 2014’s hottest race cars
As fast as ever, the new cars make that speed without nearly as much fuel, thanks to new rules that force them to develop much more efficient hybrid systems. The result is a technological revolution at the race track that’s as exciting as as any time in the sport’s past.

June 18, 2014 at 6:31AM
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