WeWork Isn't Worth Anywhere Near $20 Billion, NYU's Galloway Says

The transcript discusses the valuation of a company, questioning its worth between $20 billion and $50 billion. It compares this to unrealistic market assessments, like pricing a Toyota Camry at $1 million. The discussion highlights the company's investment strategy, comparing it to competitors and questioning its economic viability. The transcript also addresses IPO concerns, using Uber as a cautionary tale, and critiques the company's valuation, suggesting it doesn't make economic sense as a standalone entity.

What is the significance of the comparison made with Uber in the text?

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According to the speaker, why do neither Uber nor the company in question make economic sense?

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