There's no such thing as crisis discount for holdings like Uber

Washington

UBER is in crisis. But don't worry about its stock. One of the perks of being a private company is that it can be mired in scandal and not have to watch the market whipsaw its stock around. Or in Uber's case, a spectacular series of scandals.

In January, the #DeleteUber movement resulted in at least 500,000 users deleting their accounts. In February, Uber brought in former US attorney general Eric Holder to investigate accusations of widespread harassment and discrimination. In March, a video went viral showing CEO Travis Kalanick berating an Uber driver. In April, a string of Uber executives resigned. There's more, but a full recitation would require a separate column.