Uber’s bumpy IPO raises questions on startup valuations

The Uber Technologies Inc. application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Arlington, Virginia, U.S. on Monday, April 29, 2019. Photographer: Andrew Harrer/Bloomberg

Entrepreneurs have to be good storytellers. From the first seed round of funding to each subsequent capital raise, there’s value in having a distinctive and compelling story. So, funding pitches are often laced with exaggeration, half-truth, and public relations spin.

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