And so it begins…
The importance of innovation to investment success cannot be overstated. Innovation drives growth, which is the most important contributor to higher valuations, and can result in exponential effects on share prices.
Here is a list of Fast Company’s most innovative companies in 2016:
Based on its latest round of financing, Uber has reached a valuation of $62.5 billion. And it seems that investors still can’t get enough. Recently, the New York Times outlined how several investment banks have been creating special purpose entities to allow high net worth clients to invest indirectly in Uber:
In the offering document, Morgan Stanley says that Uber represents an “attractive investment opportunity” but warns that it “has conducted limited due diligence with respect to the company.” The document says Morgan Stanley has not “independently verified the accuracy or completeness of such information.”