Who would Buy Uber??

A leaderless Uber with its value destroyed will be a natural acquisition target.

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Even more Uber Scandals

My take is that Uber is about to lose most of its value and possibly collapse. All it will take is a few seconds of TV news footage of FBI agents taking Kalanick away in handcuffs to destroy Uber.

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Is the Gig Economy Sustainable?

The gravest danger here is that there is no safety net for gig economy workers. Many of them are not eligible for unemployment insurance and a lot of them have no savings.

The sudden closing of something like Uber would throw hundreds of thousands out of work at once. A great many of them would have nowhere to turn but Food Stamps or worse the Food Pantry.

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Should BMW be in the Car-Rental Business?

Hertz Global Holdings (NYSE: HTZ) and Avis Budget Group (NASDAQ: CAR) have a dangerous new competitor. BMW (OTC: BMWY) has entered the car-rental business.

The German automaker has launched ReachNow; a combination car-rental and ridesharing app, in three U.S. markets; Seattle, Brooklyn, and Portland, Oregon. ReachNow offers short-term car rentals similar to Avis’s Zipcar, an Uber-type car service and one to five day use of rental cars.

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Silicon Valley will be the Next Target of Populists

“It could ultimately lead to populist calls for redistribution of the increasingly concentrated wealth of Silicon Valley as the gap between tech capital and human capital grows ever wider,” Hartnett wrote.

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Is Canadian Pacific the Most Overvalued Railroad?

Even with its lower price Canadian National is a very good stock. It is scheduled to reward investors with a dividend of 30.4¢ on June 7, 2017. That’s down slightly from 30.7¢ on March 8, but up from 28.2¢ on December 7, 2016. So Bill Gates is also a pretty good dividend picker as well as a value investor.

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Google Self-Driving Car Project might be worth $70 Billion

“If we assume that Waymo can grow to 1% of global miles driven by 2030 (based on a fleet of three million cars each driving 65,000 miles a year) and that Waymo can generate on average ~$1.25 in revenue per mile driven, it implies a $70 billion Waymo enterprise value,” Nowak wrote. “More miles/year and revenue/mile could lead to an enterprise value of $140 billion.”

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Uber Threatening to fire Otto Founder

Alsup made the request because it sounds as if Levandowski committed theft and Uber bought stolen property which is also a crime. If the FBI and the US attorney can prove Kalanick paid Levandowski $680 million for the stolen files both men might end up in prison.

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Will Netflix Collapse?

The ability to compete with a free service like YouTube makes Netflix a value investment. Just not a value investment for average people, instead Netflix would be a great value investment for a company like Disney (NYSE: DIS) which can use it as a distribution channel for video content. A big problem Netflix has is that it has to pay organizations like Disney for most of its content; so Disney, and not Netflix makes the money.

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Bitcoin close to $2,000 is it a Bubble?

Therefore it is highly likely that the bitcoin bubble will last for several years and boost the price of other cryptocurrencies with it. The other widely traded cryptocurrency; ethereum or ether, has seen even bigger growth than bitcoin.

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