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?

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