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by throwaway_law 2411 days ago
>still the largest and most successful company to come out of SF this decade.

That's a lot less reflective of UBER and more reflective of the type of startups SV is trying to take public. Look at any other SV Unicorn that IPO'd...take Twitter that IPO'd in 2013, it turned a profit one year since going public.

1 comments

I'm using market cap as a proxy for success not profit...

Twitter isn't really a shining example of success either - their share price has been sideways for 6 years.

> I'm using market cap as a proxy for success not profit...

Market cap is not and has never been a good proxy for success.

I think you're referring to private valuations