Uber Confirms “Record Breaking” Fundraising, Interest In Driverless Ubers

Today, I take an Uber to a Car2Go that is out of reach. I can’t wait for  the day to summon a driverless car to pick me up and drive me to my destination.  I’ll like this post when it happens.


Uber CEO Travis Kalanick has just confirmed a “record breaking” valuation to Kara Swisher at the CODE Conference today. That financing, which could total more than $500 million, would be on top of the more than $300 million that the company has raised since being founded in 2010.

Investors interested include mutual fund BlackRock and private-equity firm Technology Crossover Ventures.

We’ve heard that other parties interested hail mainly from the East Coast, and that the gist of the WSJ’s $17 billion valuation story is accurate. And we’re guessing the “record” it breaks is the $10 billion valuations of Airbnb, Dropbox and Xiaomi. The deal is still being shopped, so these figures of course could change.

What could justify such a grand round?

Sometimes truth is stranger than fiction: Last summer I wrote a fictional dispatch from 10 years in the future about Uber purchasing self-driving cars from Google. That tie-in…

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