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Is Über the Silicon Valley version of Enron?

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David Friedman, Generally averse to the Silicon Valley zeitgeist Answered Dec 10, 2014 · Author has 6.7k answers and 8.3m answer views In order for that comparison to make sense Uber would have to be found to have committed accounting fraud. read more

Enron was a public company who deceived its shareholders by hiding billions of dollars of debts through fraudulent accounting. Its auditor was found complicit and this led to the demise of those two very large companies. read more

The rise and fall of Enron is an important, complex story. In its early days Enron did the right things for the right reason and garnered substantial credibility. Later successful operations were replaced with the illusion of successful operations. In the last phases Enron milked its credibility to sustain operations through loans. read more

In order for that comparison to make sense Uber would have to be found to have committed accounting fraud. Since it's not a publicly traded company, as yet, no one knows. read more

Silicon Valley & Tornado Alley USA; The Rise and Fall of Enron: The rise and fall of Enron is an important, complex story. read more

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