Last quarter report only shows 2% growth in revenue. How is Uber valuation gonna be affected. Have an offer so trying to find out how this changes things. @uber
Just take the offer brah. When I joined Amazon 8 years ago people were flipping out over profitability and how they were going to go down. Not saying uber is the same, clearly they took too long, but just chill I'm sure your equity will pay you well.
I’d be concerned with layoffs.
Same here salesforce. My feeling is it’s high risk high reward. They might collapse since they’re in a low margin business which relied on high growth rates
If ride sharing was such a high margin profitable business unit, they would have gone IPO without Uber eats and Uber freight. Uber is great but 120 billion dollars means its worth more than a company like Salesforce which is hard for me to understand because Enterprise money is the easy money. Serving a billion people doesn't mean you earn a lot. You are working on small margins. A $1 increase in ubereats would make you wanna think about whether you want to order or go to the restaurant yourself. Amazon was in a similar state but without AWS I don't think they would have actually got the thrust to lift off. I think Uber frieght and fleet could provide that But let's wait and see what happens.
Good points. Only contradiction here is Netflix which is more valuable than Salesforce. But again I still don’t understand how it’s possible either.
Hmm. Netflix is not just a content delivery company or just a recommendation site. It's now a production house.
Investors are expecting both Uber and Lyft to raise prices to become profitable post IPO
Doesn’t it mean the revenue growth slowing further ?
The size of the market would be a lot smaller. Public transport and. Good old driving are also competitors
I’m also interviewing at Uber and currently at Salesforce. What’s the consensus — stay at Salesforce or jump to Uber?
Dm me
Typically our senior level offers tend have similar TC as G/F. But of course riskier and less liquid, and also lower cash. At lower levels I've seen more often folks get a higher TC vs competing offers. I would consider slightly lower TC if only because the tech challenges and skills you'll build, and tech team you will work with are all higher caliber (on average - I have a lot of respect for SFDC).
It's risky. If the IPO do not go well, all the talent will move.
The question is why are they hiring like crazy when the future is so uncertain?
We need more good people here to make it certain
Id be concerned they haven't yet shown they can be profitable.
Yea exactly my thought. How is Wall Street able to come up with 120k valuation is beyond me.
Heard a few comments about Uber self reported ER. It is already concerning the street. I will try to find somewhere else, there are other hot preipo companies anyway
Sounds reasonable