5 ms·

You're naive if you don't think Uber already has audited financials. Investors wouldn't dump billions in if they didn't.

• nerfhammer 10y ago
  GAAP : non-GAAP :: post-IPO : pre-IPO
• __derek__ 10y ago
  JP Morgan Chase and Deutsche (not exactly the model for integrity) have recently opted not to work with Uber because of its lack of disclosure.[0] Besides, take another look at that table above: not a confidence-inspiring list. [0] https://www.bloomberg.com/news/articles/2016-11-07/banks-said-to-have-passed-up-uber-share-sale-on-lack-of-data https://www.bloomberg.com/news/articles/2016-11-07/banks-sai...
  • pfarnsworth 10y ago
    There's also several links to sites that already have the financial data from Uber. Either you believe that those leaked financial data is real, or you believe they are fake. If you believe the numbers and the scope of the loss, are you saying that they would have that data and allow that data to leak, but they wouldn't provide it to JP Morgan or DB?
    • __derek__ 10y ago
      There's financial data out there, but Uber won't provide official financial data to banks for their customers to scrutinize. That makes it hard to assume that everything is both on-the-level and healthy. Edit: Anyway, what I believe is irrelevant. I don't have the option to invest (aside from getting a job there) or short.