Alliance Creative Group Inc (ACGX): Did you know UBER (ACGX Client) is worth...

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Monday, 10/05/2015 10:40:14 AM

Monday, October 05, 2015 10:40:14 AM

Did you know UBER (ACGX Client) is worth 50billion?

UBER is a transportation app company where people can request rides to the airport etc., and drivers use their own cars and get paid a percentage from UBER. I had heard of them but had no idea that their business has exploded all over the country and now they are expanding worldwide. Their latest evaluation of their company was 50 billion dollars!

Anyway, we assume that the billion dollar company that made an offer in the past to buy ACGX was Vistaprint but Paul never mentioned the name of the company. I think most of us just assumed it was someone in the printing industry and Vistaprint just stood out. What if it wasn't someone in the printing industry though? I know it is just speculation but could it be someone like UBER that they have been in talks with especially since UBER is already a client of theirs? I'm sure UBER wouldn't be interested in the printing part of the business but I bet they would sure be interested in the PeopleVine software platform.

My comments are my opinions and are based on my own due diligence. I am not a stock promoter. I am not a financial advisor. I am simply an investor. My due diligence should never replace your own!