Uber goes into reverse as first day stock price disappoints
theguardian.com
Uber goes into reverse as first day stock price disappoints
1–10 of 46 posts
Re: Uber goes into reverse as first day stock price disappoints
#2It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this?
In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets three years ago, and have been tweaking things since. Why would you invest in this? Is there a clear value proposition for future growth?
Re: Uber goes into reverse as first day stock price disappoints
#3It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
The whole thing is bizarre, who is buying these stocks?
Re: Uber goes into reverse as first day stock price disappoints
#4There's a reason IPOs are called exits.
Re: Uber goes into reverse as first day stock price disappoints
#5It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
The whole thing is bizarre, who is buying these stocks?
Institutional investors?
Re: Uber goes into reverse as first day stock price disappoints
#6It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
The whole thing is bizarre, who is buying these stocks?
Funds, mostly. Investors who want a large stake of control and see intrinsic value in a TNC outside of the numbers. People who buy into California math. People buying a $42 lottery ticket. ML trading algorithms who have a tensor weighted heavily on "unicorn going public" that ends up equating to "Buy". Family or friends of employees that want to buy so they can "root for the company" (Yes this sounds ridiculous but this happened to a personal friend of mine and his mother still always asks why the stock is down 300% from when she bought it, and when she can expect for it to go up.)
There's a lot of reasons why people would buy Uber. But for anyone who is investing safely for retirement, I think it's easy to see that this is not an investable company at the moment.
Re: Uber goes into reverse as first day stock price disappoints
#7It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
The whole thing is bizarre, who is buying these stocks?
Many retirement portfolio managers.
Re: Uber goes into reverse as first day stock price disappoints
#8It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
OR how about the super questionable culture of the company and its executives and leadership? Those are such red flags by themselves... This is a horrid company with a horrible past that wouldn't die because of VC money.
Re: Uber goes into reverse as first day stock price disappoints
#9It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
The whole thing is bizarre, who is buying these stocks?
not the index funds, unlike what the sibling comments are suggesting.
IPOs aren't even added to the indexes until it's been some months since their IPO.
Re: Uber goes into reverse as first day stock price disappoints
#10It's going to be a wild ride. While (*most) people seem to like using Uber, headlines about how the unit economics don't work, how drivers can't make a living, how their working conditions aren't tenable keep popping up. How does Uber intend to address this? In addition, I have questions about the service's ability to grow significant multipliers. It really feels like they've reached the majority of their markets thr…
Ehm majority of their markets? The entire developing world says hello