Uber at $135B: When the World’s Largest Taxi App Pretends to Be a Tech Stock
Uber Stock: The Global Hustle Gets a Valuation Somewhere between Jakarta gridlock and a Parisian taxi strike, Uber Technologies Inc. is still pretending to be a tech company rather than the world’s most sophisticated labor arbitrage scheme. Yet Wall Street keeps pricing the stock as if every scooter in Bogotá will someday sprout wings and…