7 ms·
I'm very happy with my impression that Uber has to sleep in the bed they made - but I think there will be plenty of friction and disappointment coming out of th
by csours 7y ago
I'm very happy with my impression that Uber has to sleep in the bed they made - but I think there will be plenty of friction and disappointment coming out of this IPO.
Specifically, if Morgan Stanley had come up with, say $38 as the share price for IPO, Uber would have found a new bank for their IPO. Morgan Stanley (or Bank X) can provide different IPO services, but the bank is not really responsible for the stock price.