That means Uber's valuation could fall $20 billion short of what its investment bankers were touting last year, according to the Wall Street Journal. Uber's proposed $100 billion valuation is a cool 25,000 times higher than the $4 million it was valued at about nine years ago, according to Business Insider. The 17% haircut is the price Uber's paying for failing to build a scalable business model. Its revenue grew 43% to $11.3 billion in 2018 -- revenue soared 103% in 2017 -- while its operating loss was an eye-popping $3 billion. Still $100 billion would not be a bad outcome for Toyota, which invested in a 2018 investment round at a $76 billion valuation -- making for a 32% one-year pop.

Source: Forbes April 11, 2019 20:58 UTC