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Sure but Uber has one big ace up their sleeve... they could go public anytime they want. The last best sucker is the stock market.
by bluetwo 10y ago
Sure but Uber has one big ace up their sleeve... they could go public anytime they want.
The last best sucker is the stock market.
- justicezyx 10y ago> they could go public anytime they want. Why? I cannot believe Uber's status-quo supports its valuation at all.
- xapata 10y agoYou say that like public stock shareholders are more discerning than other kinds of investors.
- yawaworht12 10y agoAs someone that worked on Wall Street, most HNers aren't any better than Main Street investors. In many ways I'd say they are worse. Specifically, the level of emotion some people have on HN when it comes to liking or disliking companies based on their pet issues leads them to make some financially asinine statements. If you want to make money in the capital markets, you have to be dispassionate, making your decisions based on financials and fundamentals.
- Animats 10y agoThey'd have to publish real GAAP financial numbers. Those numbers would look awful. Years of losses.
- danderino 10y agoDidn't stop Snap