Uber Valuation Rises to $40B on $1.2B Funding

The transcript discusses Starbucks' strategy to enter the high-end coffee market with its Reserve Roastery in Seattle, maintaining its brand identity while expanding globally. It also covers Uber's rapid valuation increase to $40 billion, its fundraising efforts, and its exploration into new services like same-day delivery, highlighting its competition with major tech companies.

What is the unique aspect of Starbucks' new reserve roastery in Seattle?

• It will only serve tea.

• It will sell high-end coffee for over $20 a pound.

• It will not use the Starbucks name.

• It will sell coffee for less than $5 a pound.

Why is Starbucks' decision to keep its name on the reserve roastery interesting?

• Because they have never used the Starbucks name before.

• Because they are introducing a new logo.

• Because they previously removed the name from some branding.

• Because they are planning to change the name soon.

What is one of the bold moves Starbucks is making in the international market?

• Opening cafes in Bogota.

• Reducing coffee prices.

• Closing all international stores.

• Switching to tea products.

What is Uber's valuation after its recent fundraising?

• $17 billion

• $40 billion

• $25 billion

• $10 billion

What new service is Uber exploring to compete with companies like Google and Amazon?

• Same-day delivery

• Ride-sharing for pets

• Long-distance travel

• Food delivery