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."So a towncar hire service, with an app, is worth over $3bn ?  Really?!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?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.