here is how the promise of a $120 billion Uber IPO evaporated https://t.co/xEpnz6DFYX
@MikeIsaac They make valuations up. As they say valuation is more of "an art then a science"...Soft bank bought a down round (58 billion; which essentially saved Uber from going bankrupt a year ago). Some investors already sold shares to them at that time. Short positions are piling on.