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Investors Remain Committed to Uber Despite Management Turmoil

The company’s valuation recently sagged in the inefficient private investment market, but some hedge fund investors remain keen.

  • By Stephen Taub

      Travis Kalanick, Uber (photo credit: Udit Kulshrestha/Bloomberg)Is Uber Technologies the next value play? The ride-sharing pioneer’s recent management turmoil — capped by CEO Travis Kalanick’s resignation on Tuesday — has knocked down its private valuation to below $50 billion, according to at least one person knowledgeable about valuations in the private

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