Hyatt Hotels has revenues of $4bn and a market value of $8.4bn. AirBnB has revenues of $250m, 13 staff, pretty much no assets, and a market value of $14bn. It will soon be the world’s largest hotel company. Über was founded in 2009 and has a market cap of $40bn, despite – again – having pretty much no physical assets. It has taxi drivers up in arms all over the world. Magic Leap, a virtual reality company, raised $50m in February 2014 and then $550m in October. It persuaded the second set of investors to contribute by showing them a...
- “The AI guy”