https://www.nytimes.com/2019/04/11/technology/uber-ipo-filing.html
Its a quick article taking about Uber publishing their prospectus, and the likely IPO coming up soon.
Valuation might hit upwards 100billion.
In my view: Just what the hell... A company with massive loses, 100 billion IPO. Yeah this all looks like 80s pump and dumb schemes, only the con takes longer, and they gotta wait until everyone owns a little via 401ks and mutual funds and all that jazz... Then the big boys pull the plug, and leave everyone on the hook.
Its a quick article taking about Uber publishing their prospectus, and the likely IPO coming up soon.
Valuation might hit upwards 100billion.
In my view: Just what the hell... A company with massive loses, 100 billion IPO. Yeah this all looks like 80s pump and dumb schemes, only the con takes longer, and they gotta wait until everyone owns a little via 401ks and mutual funds and all that jazz... Then the big boys pull the plug, and leave everyone on the hook.