Morgan Stanly and Bank of America encouraging their clients with $10 million or more to blindly invest in uber. Not only that, they can't see uber's financial information. More people blindly investor in Uber puts pressure on Travis K to go public. An excerpt to the article -
As more and...
I think the part about expansion applies to Uber!
Chipotle's disastrous 2015: What investors need to know
— 5:18 AM ET 12/29/2015
Lessons to learn from the burrito chain's woes
Every year, it seems, Wall Street needs to learn the same lessons. Among them: Don't expand a business...
just read this today which is very interesting. Uber investors want to go public but Kalanick does not want to.http://flip.it/oiaxg
With its $50B valuation one of its main investors is also saying that all these valuations are fake...