[andybg]

Uber is a once in a lifetime multi-billion dollar company. It's not interesting if it makes even more money (or IPOs or whatnot); it's interesting if it fails. Also - the press goes through cycles of building things up and then finds way to tear it down. Pumping the view counts along the way.

[Applejinx]

Remember this 'tearing down' also counts as virtue signaling from Hell. It will make even more money if it is documented as a psychotic corporate shark on crack obliterating everything in or near its path. That's virtuous behavior to the stock market and the distinction is important.

Money can get Uber out of some or perhaps all of these problems. To the stock market, getting the single evilest company in the world into a position of absolute monopoly where they're above all laws and can do anything they want, is a good thing, if you are an investor in that company. It is always and only about the bottom line.

We assume this has to be within a context of law (if not morality, then at least law) but it's self-evidently not true and the valuation shows it. If investors thought law mattered, Uber would not be valued what it is.