Yes, but almost every regulator now has both of them on their radar and they are going to end up eating regulatory costs roughly equal to a taxi company. It is going to happen sooner or later because the cities need the revenue and "regulatory equality between taxi companies and Uber" is not likely to result in the voters getting pissed off. Otherwise, they'd have to raise sales taxes or something which would piss them off.

I think its worth around 10 billion [which is where the original article said VC's started dropping out of the auction en masse].