Uber IPOing lower than Lyft currently trading ๐๐๐
$45 a share at an $82.4b valuation. Feels real bad. Desperate to avoid that negative publicity huh? https://www.cnbc.com/2019/05/09/uber-ipo-pricing.html
How much average money employee who joined 3 years back as engineer make? At uber
3 years ago? Iโm sure theyโll do very well, no matter what valuation they IPO at.
No kidding - a transportation company worth $82b. WTF
Do you know that price per share means nothing? If you have any doubts, ask the Snap engineers making a boatload of money on RSUs on a 11 dollar stock.
I would short em anyway, already made few dollars on $lyft
Tangential, but does Cruise have private shares or are you awarded GM stock?
Private
Canโt believe people think Facebook is better than amazon when amazon is 10x higher price!! -OP logic ๐คฆโโ๏ธ
Berkshire Hathaway (type-A shares only) employees must be among the richest people in the world. - OP logic
Share price -> valuation -> $82b -> their 2015 valuation and lower than the numbers theyโve floated to people the last year. I mostly listed it to trigger the Uber idiots who were flipping out predicting Lyft would be $0 by now.
Whatโs the WACC?
Groupon Zynga Twitter Dropbox Pinterest Quora had so much hype back in the days. All of them turn out to be disappointing at the end. What matters is if a company could create value in the long term. Without that, it wonโt last.
@op, you should know it's time to give up an idiotic thread when dozens of people from all companies are telling you to take a hike.
Price per share means absolutely nothing.
Did you say the same when Lyft priced themselves in to a downtrend too? Itโs the $82b valuation thatโs hilarious, for the record. The valuation is important and is a factor of the price per unit.
You said โlower than Lyft currently tradingโ which implies the price per share is relevant.