Wednesday, April 10, 2019

Uber’s $10 Billion IPO Will Succeed Where Lyft Catastrophically Failed

Uber is poised to sell $10 billion in shares in the biggest initial public offering (IPO) of the year, according to Reuters. After Lyft’s catastrophic debut on the stock market, Uber will learn from its rival’s mistakes. Uber’s IPO will be more cautious, more realistic, and ultimately more successful. EXCLUSIVE: Uber plans to sell around $10 billion worth of stock in its IPO, according to sources pic.twitter.com/YtEJS9GL0b — Reuters Top News (@Reuters) April 10, 2019 Uber: Learning From Lyft’s IPO Failure Analysts initially praised Lyft’s bold decision to launch its IPO ahead of Uber. But the move to leapfrog its

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source https://www.ccn.com/uber-10-billion-ipo-succeed-lyft-catastrophically-failed

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