Description: Have you ever hitched a ride using Uber? The operations of this ride sharing service are proving disruptive to traditional taxi operations in major cities in over 50 countries. Now, Uber has raised an additional $1.2 billion in capital to fuel foreign expansion. This latest round of investment values Uber at over $40 billion.
Date: December 4, 2014
1) Uber now ranks at the top in valuation for closely held tech companies. Do you think this over $40 billion valuation is warranted?
2) What strategy would you employ if you were an executive in a traditional cab company now facing a challenge from Uber?
3) How should local governments respond to pressures from traditional cab companies to regulate Uber service providers?