Summary

We are going to answer the three most confusing and controversial questions about ridesharing market and, at the same time, illustrating how we solved the valuation puzzle of Uber.

How big is the ridesharing market? Will ridesharing company be profitable long term? Will the ridesharing company's business model be sustainable long term?

According to our analysis, we arrive at a valuation of 123 billion, at $65 per share, which is a 47% upside compared to the $44 IPO price.