Uber’s Valuation: The Mundane is Now a Market

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The citizen-for-hire taxi service Uber raised $1.2 billion dollars that put it at a $17 billion valuation.

This should remind us that in the connection economy, value is waiting to be unlocked in the simplest of everyday activities.  What used to just be a journal or small ‘zine can now easily become a million-dollar blog.  Stars are born overnight for posting rather spartan YouTube videos.

This extends beyond the creative arts.  There’s a market now for your passenger seat or a place at your table.

The mundane now has a market.

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