Lot's of hype going on about Uber stock. I have read multiple comments on blind saying that this is a great time to stay and that our 409A is likely to double by then. Can someone provide any sort of recent study, evidence, article etc to support their claims?! Or to call bullshit on them?
Here’s a conservative analysis done with publicly available data that puts ipo around 100b - 110b https://files.pitchbook.com/website/files/pdf/3Q_2018_Morningstar-PitchBook_Uber_May_Pick_Up_Investors_Along_With_Riders_In_Its_IPO.pdf
And in that analysis they say the “bull case” is $176B
I have no skin in this but this is interesting https://www.nakedcapitalism.com/2018/08/hubert-horan-can-uber-ever-deliver-part-sixteen-morningstars-horrendously-bad-uber-analysis-preview-ubers-ipo-propsectus.html
lol
Best time to join Cruise Automation was Never.