Google Ventures Puts $258M Into Uber, Its Largest Deal Ever
> "The $258 million is a 86% chunk of Google Ventures’ $300 million dollar a year fund, and its unclear as to whether the firm will continue to make such sizable investments."<p>So a towncar hire service, with an app, is worth over $3bn ?  Really?!<p>Maybe there's one or two other metropolitan cities in the US where the taxi service isn't up to scratch, but where is the growth going to come from?<p>I doubt whether regulators and taxi unions in London, Tokyo or Hong Kong would sit idly by when some Silicon Valley kool-aid types come knocking.