Uber Drivers Forum banner
Cancel

Why Uber may still be worth $100 billion-plus even after its embarrassing IPO

507 Views 9 Replies 8 Participants Last post by  U/L guy, 
G
Why Uber may still be worth $100 billion-plus even after its embarrassing IPO

https://finance.yahoo.com/news/why-...ven-after-its-embarrassing-ipo-121243553.html

"We are not worried the stock is turbulent today on its first day of pricing and we continue to believe on a sum of the parts valuation this stock is worth a $100 billion+ and we would be buyers here despite the choppy tech tape and general market worries," Ives contends. "We believe this weakness in shares of Uber will be not be elongated as the core value of this franchise is markedly higher than these levels in our opinion."
Reply
Save
Like
1 - 1 of 10 Posts
lowcountry dan
The financial hype machine is working overtime. The first thing you need to know is that the financial press is full of frauds and hucksters eager to take people's money.. Stick with business fundamentals and don't fall for the latest fad. I'm sure there are companies with far better potential than Uber or Lyft. Do your research and never listen to the so-called experts.
Reply
Save
Like
  • Like
Reactions: 1
1 - 1 of 10 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Uber Drivers Forum
A forum community dedicated to Uber drivers and enthusiasts. Come join the discussion about taxes, documents, visas, travel, car care, finances, banking, maintenance, reviews, accessories, classifieds, and more!
Full Forum Listing
Explore Our Forums
Los Angeles & Orange County Advice Toronto (Ontario) New York City Complaints
Top