Reginal Thomas
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Reginal Thomas in reginal thomas,

Uber's Valuation is Now at $17 Billion

Uber has raised another $1.2 billion in its most recent round of financing, bring it to a $17 billion pre money valuation. The money is mostly coming from mutual funds Fidelity put up the most with $425 million. Anaylists were expecting the companies valuation would be some where between $10 - $17 billion.