[Lexkan]

https://www.smh.com.au/business/mar...on-its-wall-street-debut-20190511-p51m9o.html

Perfect storm

 

[soontobeautomated]

Tough week indeed. I can sense there maybe a few more ahead. But hey, what would I know. I'm used to a tough week in FUberland.

Harden up Dara!

 

[Lexkan]

I'm happy for IPO because for the first time monolithic ride share is trying to stand on its two feet and that requires self-sustaining.

No more unlimited money to burn to kill taxi industry, reality

 

[soontobeautomated]

Ride share = slide share

 

[Hounddub]

It's just the market finding a "real" market price after the IPO. Every single venture capital IPO has the same storyline as it's their only chance to recover their investment before it goes public.

It's a perfect example of what's wrong in the short-term $$ focused US markets

 

[Lexkan]

That's why all drivers were offered stake in their future by owning shares

 

[President]

https://www.smh.com.au/business/mar...on-its-wall-street-debut-20190511-p51m9o.html

Perfect storm

Another genius post. Well done and keep up the good work.

 

[Yawnie]

https://www.smh.com.au/business/mar...on-its-wall-street-debut-20190511-p51m9o.html

Perfect storm

perfect storm was a good movie, clooney was magnificent :thumbup: