&gt;<i>&quot;There is no sane reason to do leak that</i><p>&quot;nearly $500 million valuation. They are now in the process of raising new funding&quot;<p>That&#x27;s the reason.  Positive buzz.  Are you of the opinion that <i>all</i> these VCs and investors are geniuses that do intense due diligence?  Or do they herd follow into what turn out to be terrible businesses (note: not saying Postmates necessarily is) <i>all the time</i>?  I&#x27;m certainly in the camp of the latter.