How do you think Uber will do?
TOP 236 Comments
- Microsoft / Eng gujediNot sure it'll make as many millionaires as you think. They withheld around 36 percent of stock at ipo for tax withholding. When people sell in 180 days, if you assume the price doesn't change, people will find the withholding was low so will owe another 12 percent federal and a few percent Cali. You'd need over 40k shares to net 1 million. How many Uber employees have more than 40k vested rsu?May 10 11
- Microsoft / Product BrazukamoreTaxi was a disgusing monopoly and terrible service in most places. Unless they actually owned the medallion (instead of renting it), taxi didn't make more than uber drivers. Not to mention how inefficient it all was of them driving idle and useless radio dispatch center.May 10 5
- “I read a book a week.”
Who the fuck cares? What does that have to do with anything. Congrats, you’re just like millions of other people.
Facebook has fundamentally contributed to the moral decay of society. Your platform has been a main culprit in depression, addiction, violence, and the death of people.
GTFO with your moral high horse.May 11 1
- Here you go, you morally corrupt sheep.
- Apple lapyYou can just built the right product and nail it. Example Apple Watch, pay, music. Btw someone saying apple is living on mercy of iPhone. How can someone be so dumb ? iPhone is apple product, if no apple there will be no iPhone. How many products apple has ? Do I ever count ? Apple doesn’t go with prototypes like Samsung folding phones and then retract them. Apple strikes it when the right time. You guys won’t understand the philosophy. Bs
- Bloomberg bbnhgPop for first couple of days and then stabilize later around the IPO price.
- Tesla dhfjedofksThis thread is funny one guy says it’s going to sink then the reply like is hahah fuck you look at your company.
- Uber is too big to fail. Can you imagine trying to get a taxi the old fashion way?
The drama and tariffs with China make this a bad week to IPO.
Long term UBER will be more like TSLA. Burning through tons of cash but still attractive enough for investor to want to feel it’s tits.
- During the last recession in 2008 the government bailed out the auto industry and several private companies like GM.
The auto industry indirectly supports the economy through auto salesman, factory workers, suppliers etc.
It’s the same with Uber, there are too many drivers that rely on this for income for it to fail.
- New / Product IGzi05Followed the conversation, Irrespective of which Uber is solving commute problem what respective govts failed to address, Enabling local commute.
Incase of a recession, You would rather take an Uber than take a loan and buy a car
Uber as a brand could lead this growth across nations.
- Everyone bashing Uber, we need to understand this: someone has to die for someone else to prosper. Some people in the Middle East has to die for the West to control oil prices. It's the order of nature. More humans on this planet = more animals getting wiped out/killed for food.
Uber hasn't done anything particularly wrong except capitalise on a market that didn't exist and provide end users with an excellent service that didn't exist before. You lose something to get something.
On ethical grounds, they are no different than Amazon.
Congratulations to all the hard working engineers and architects at Uber for building an excellent platform so Dara & his big wigs can cash in 300x on your hard labor!
- It will pop ... super pop tomm... be ready at 6:30am pst if u dont want to miss the bus
- Wall Street valuation expert pegs stock at $20-25. He was right about Lyft till it sunk even more.
- Facebook htoi88I don't understand what the unique value proposition of Uber is. It is currently not a profitable business. People and driver's will easily move to another service if they offer better rates. Their maps suck. They are not the leaders in the self driving tech.
The IPO feels like Ubers way of making the employees rich for their efforts to get cheap rides for everyone so far.
- Zillow Group TKact2345IPOs are supposed to be a funding round, just with the public rather than private investors. So it doesn’t necessarily make sense for a company to be profitable at IPO, they should theoretically still be focused entirely on growth.
But I agree that there is no first-mover advantage in ride-sharing. Uber May have just cleared a path (costly legislation/regulation changes) for others to blaze through.May 10 5
- Facebook whentostopThey usually extend offer with 1 week ‘deadline’. What it means is that they hold the position for you for one week. If deadline is due and you don’t accept, they will hand out offer to others. If they don’t have other candidates or other candidates decline their offer then yes, most likely they will still take you if you decided to join latter. But there is a chance that the position could be gone and they are hiring by position so your offer is no longer valid in that case.
- LinkedIn Zeiwkf5Hypothetically: if an Uber employee quits today, can they sell right after or are they still subject to 6 month lockup?
- Priced on low end of range to bait plebs. Can’t wait for options to open.
- That's not correct. Über would be the right version if it was used as a noun in German. There is no Uber or uber in German. But Über as noun in German has a connotation of the Nazi term Übermensch which was the first thought I had when I heard the company name for the first time some years ago...
- If people omit the dots on capital or lowercase letters (due to lack of keyboard or glyphs to print) they will need to append a lowercase e after the umlaut character, like Ueber instead of Über. Which is semi-correct German spelling, but generally understandable and acceptable ;)May 13 0
- Townsquare Media triplefWinter is coming for Uber.
By the time lockup expires in 6 months Uber employees may not have a bucket to piss in.