Microsoft Corp. is considering an investment in Uber Technologies Inc. at a valuation of about $50 billion, a person with knowledge of the matter said.
The WSJ confirms the report.
I’m not so sure what to think of Uber. They are disrupting the horrible, horrible taxi market with a clearly superior product – I loved using Uber when I was in New York late last year – but at the same time, they are incredibly slimy. Not sure I would want to be associated with a company like this.
Both companies have a history of questionable business practices. Maybe it’s a good match in some ways.