Sports May Be The Next Industry To Produce Massive Valuations For Tech Startups

Let’s just throw an interesting number out there - $18.2 billion. That was a recent valuation tied to the massively successful taxi and ride sharing startup Uber. There is no doubt that the company is on a tear, raking in the cash and grabbing headlines (both good and bad) worldwide for the rapid growth and disruption it is causing to the global taxi market. Uber may not be successful everywhere, yet, but it has certainly made waves in some of the most important taxi markets in the world with New York being on top of that list.