M·CAM releases Patently Obvious® on the $41 Billion Valuation of Uber

Date:  Wed, 2014-12-10

CHARLOTTESVILLE, VA December 10, 2014- M·CAM released its Patently Obvious® on the $41 Billion Valuation of Uber

On December 4, 2014, Uber announced that it raised $1.2 billion in its most recent round of funding, valuing the company at $41 billion. The smartphone taxi service has grown rapidly in the past year, although it is experiencing pushback from regulatory authorities in various countries and cities. Its valuation this summer was a mere $18 billion, but is the new higher number an accurate estimation of Uber’s value? Instead of crowning Uber as the hottest global startup, this valuation may well paint a target on the company and benchmark a very high value for opportunistic patent trolls to pursue.

M·CAM’s Patently Obvious® is a report providing visibility into potentially unconsidered alternatives, including art in the public domain, to patent holdings across a variety of technology areas.

M·CAM is a global, full-service intellectual property and rights (IP&R) and intangible asset financial services firm. We provide the technical and financial systems that allow public and private markets to use IP&R and IA for regulated transactions in banking, securities, insurance, and public innovation investment and technology procurement. From our pioneering work in creating the world’s first standards-based innovation collateralization financial products for banking and securities to our work in grassroots innovator enablement and patent quality assurance programs, M·CAM provides the mechanism to balance the interests of public and commercial sectors to support and build thriving economies.

The M·CAM Patently Obvious® on the $41 Billion Valuation of Uber can be found HERE.