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Uber has confidentially filed to go public

Fozzie

Well-Known Member
This was already posted in another thread. Bottom line, they're forced to move forward faster than expected due to Lyft filing the same paperwork yesterday.
 

UberLyftFlexWhatever

Well-Known Member
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everythingsuber

Well-Known Member
“Project Liberty”

Liberty from crushing Debt?
Liberty from owning shares.

This was already posted in another thread. Bottom line, they're forced to move forward faster than expected due to Lyft filing the same paperwork yesterday.
Lyft going and being a flop would be a disaster.
Both have only lodged the paperwork. That takes about a month for the powers that be to look over. It could still be in a holding pattern for a while if there are issues with disclosure that need to be addressed. Can see that happening. I'm stocking up on popcorn and waiting for the prospectus.
 
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Wonkytonk

Well-Known Member
Coun

Liberty from owning shares.

Lyft going and being a flop would be a disaster.
Both have only lodged the paperwork. That takes about a month for the powers that be to look over. It's could still be in a holding pattern for a while if there are issues with disclosure that need to be addressed. Can see that happening. I'm stocking up on popcorn and waiting for the prospectus.
Yeah, lyft royally srewed uber because now potential investors are far more likely to look closely at both trying to figure out the relative merits between the two in an effort to determine how to divvy up the investment pool between them.

My guess is they won't like what they see from Lyft, but they're really not going to like what they discover about uber.
 

everythingsuber

Well-Known Member
I predict both companies will do quite well with the upcoming IPO’s people are stupid they will invest in anything just like drivers renting and leasing cars to drive for Uber/lyft.
You need serious investment funds to buy in.
First rule of any investment fund in the real world is don't lose money.
You also keep in mind there is never going to be a more scrutinised prospectus.
Uber can't be a 50/50 risk to get that kind of backing.
 

Mole

Well-Known Member
You need serious investment funds to buy in.
First rule of any investment fund in the real world is don't lose money.
You also keep in mind there is never going to be a more scrutinised prospectus.
Uber can't be a 50/50 risk to get that kind of backing.
Uber turns down people and hedge funds monies on a daily basis. Banks will invest and hedge funds will invest then people will invest so I must disagree with you.
 

everythingsuber

Well-Known Member
Uber turns down people and hedge funds monies on a daily basis. Banks will invest and hedge funds will invest then people will invest so I must disagree with you.
Uber had no shortage of people who wanted to get out when softbank was buying at a 41 billion. If those hedge fund managers could get hold of those current share holders they possibly could have worked something out.
 

Wonkytonk

Well-Known Member
Uber had no shortage of people who wanted to get out when softbank was buying at a 41 billion. If those hedge fund managers could get hold of those current share holders they possibly could have worked something out.
Long term investors are going to want out is my guess, as you note some did quickly previously when offered the opportunity.

If we operate from the assumption that the IPO will be wildly successful for uber and its current investors, at what point do current investors start d̶u̶m̶p̶i̶n̶g̶ ̶t̶h̶e̶i̶r̶ ̶s̶t̶o̶c̶k diversifying to reduce their overall financial risks, and following that, at what point do we start seeing lawsuits when it turns out the majority get out from under quickly if that's what happens?
 

Mole

Well-Known Member
Uber had no shortage of people who wanted to get out when softbank was buying at a 41 billion. If those hedge fund managers could get hold of those current share holders they possibly could have worked something out.
Well if someone offered you $2,000,000 n a $0 investment would you want out and take the money?
 

Wonkytonk

Well-Known Member
Apparently Uber and Lyft filed on the same exact day.
If true that's almost too distinct an event to have been coincidental, and if not, that raises some interesting questions, like how did the one know the other was going to file that day for starters.
 

everythingsuber

Well-Known Member
If true that's almost too distinct an event to have been coincidental, and if not, that raises some interesting questions, like how did the one know the other was going to file that day for starters.
Yeah that's not a coincidence. Suspect it's just hard to keep a secret like that though. Too many people involved in the process.
There is video of them waiting outside for the office to open though.
 

tohunt4me

Well-Known Member
As suspected after Lance Armstrong's statement yesterday.

https://www.businessinsider.com.au/uber-confidentially-files-paperwork-ipo-report-2018-12?r=US&IR=T

"Uber has confidentially filed an S-1 document in preparation to hold its long-awaited IPO, according to a report from The Wall Street Journal."
After Lyft filed to go Public . . .

If true that's almost too distinct an event to have been coincidental, and if not, that raises some interesting questions, like how did the one know the other was going to file that day for starters.
" GOD VIEW"

And GOOGLE/ D.A.R.P.A. DEFENSE CONTRACTOR KNOWS WHAT THEY ARE BOTH DOING !

Yeah, lyft royally srewed uber because now potential investors are far more likely to look closely at both trying to figure out the relative merits between the two in an effort to determine how to divvy up the investment pool between them.

My guess is they won't like what they see from Lyft, but they're really not going to like what they discover about uber.
Uber owns BICYCLES !
Uber is Diversified.
Uber is Global.
 

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404NofFound

Well-Known Member
Mortimer, the first instinct is to sell, sell, sell. Then buy, buy, buy if it goes up. A company as well known as Goober should have a good opening. But remember, buyers wont forget that they need to buy the kids the G.I. Joe with the Kung Fu grip for Christmas!
 

tohunt4me

Well-Known Member
Mortimer, the first instinct is to sell, sell, sell. Then buy, buy, buy if it goes up. A company as well known as Goober should have a good opening. But remember, buyers wont forget that they need to buy the kids the G.I. Joe with the Kung Fu grip for Christmas!
Is G.I. JOE STILL AROUND ?

Not " Politically Correct " !

GI Joe with Cyborg companion and airstrike Drone !

( Hint - the 2001 50th Anniversary Pearl Harbor G.I. Joe set will be worth something one day)
 
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