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Now its all about the road show :-) Since it costs nothing, I'll put down my predictions so that I can come back later and see how wrong/silly I was. I predict

Now its all about the road show :-) Since it costs nothing, I'll put down my predictions so that I can come back later and see how wrong/silly I was. I predict that Uber won't meet their subscription goals during the road show and be forced to push off their IPO until 2020 at least, and that Lyft will make it through the gate but will come out with less than a 10% bump in price. I'm basing that on an investor sentiment that Lyft is more of a 'pure play' in the ride sharing market and Uber is a mix of several businesses which each have their own risks and can pull the company down even if their core business is ok. Now to wait a year and see how well it ages, hopefully better than MacAfee's bitcoin tweets! :-)

erikpukinskis 8y ago
I’ve turned around a little on Uber and Lyft. At first I thought Lyft was doomed because of network effect. Then I thought they were both doomed because Tesla, Waymo et al will just do an end-run around them with self-driving cars. Then I thought maybe Uber would survive, if they can develop their own self driving tech. But now I think, self driving tech will be a market of its own... there will always be a carmaker/software co wiling to sell vehicles and computers to someone with deep pockets. So that brings me back to Lyft and Uber both being viable strategically. Under that lens though, Uber looks a little weird with all of its debt and erratic behavior. Both of them are acquisition targets for anyone who survives the EV/autonomous vehicle production wars.