BROADCASTS.com

b"The I-Banks pursuing Uber's IPO suggested the company could price at a valuation of $120 Billion or approximately 11-12x 2018 trailing revenue (estimated at $10-11 Billion for 2018). The combined market caps for GM, Ford and Tesla are $121 Billion at the close of today's market. I don't believe that Uber's ride share service is a differentiated service compared to GM's autonomous unit Cruise Automation (which will likely grow its ride share service over time) or Waymo to name two. As the auto OEMs roll out autonomous technology expect them to test it in part by rolling out ride share services. in addition, they will sell early autonomous vehicles to fleet operators some of which will roll out ride share services or expand existing ride share services."