This is what news organizations do. They find newsworthy information and provide it to the public. TechCrunch or the Wall Street Journal would do the same thing.
The press doesn't exist to cheerlead (in most cases). There's no arguing that Uber's numbers are newsworthy, so I don't see anything wrong with Valleywag's coverage in this instance.
Thanks Joel. That's right. It would be hard to do an AMC television show about crunching numbers, though a few times you do see Don and Peggy looking at "marketing research" and Harry Crane talking about the results in Television.
Okay maybe massive isn't appropriate here, but they had an exit. Compared to the hundreds of startups that just go out of business that's still a good resume booster.
The press doesn't exist to cheerlead (in most cases). There's no arguing that Uber's numbers are newsworthy, so I don't see anything wrong with Valleywag's coverage in this instance.