I read that Dara wrote a letter to his employees today re the poor share prices. See Below.
"Obviously our stock did not trade as well as we had hoped post-IPO. Today is another tough day in the market, and I expect the same as it relates to our stock.
But it is essential for us to keep our eye on the long-term value of Uber for our customers, partners, drivers and investors.
Every stock is valued based on the projected future cash flows/profits that the company is expected to generate over its lifetime. There are many versions of our future that are highly profitable and valuable, and there are of course some that are less so. During times of negative market sentiment, the pessimistic voices get louder, and the optimistic voices pull back.
We will make certain that we communicate our incredible value as a company that is changing the way the world moves, but also the value that we are building for our owners. But there is one simple way for us to succeed – focus on the work at hand and execute against our plans effectively.
Remember that the Facebook and Amazon post-IPO trading was incredibly difficult for those companies. And look at how they have delivered since.
Our road will be the same. Sentiment does not change overnight, and I expect some tough public market times over the coming months. But we have all the capital we need to demonstrate a path to improved margins and profits. As the market sees evidence, sentiment will improve, and as sentiment improves, the stock will follow. We will not be able to control timing, but we will be able to control the outcome."
I really do not see any issue with this. What is that one person who knows your lcoation going to do with the information? Keep following you and drive out to meet you and road block you in? all for what? To rob you? I dont know just seems really far fetched to me.
Oh wow, sorry this happened to you. I would have been pissed and nervous about having drug residue in my car. I am glad he was a happy drugie at least, made a clean getaway from his GF and got to finish their stash himself lol
Most pax bring their own stuff these days. I dont supply clorox wipes but I will wipe down back handles, etc after each rider
What is Uber currently in Charlotte?
Haha this title. Uber playing victim, doesn't surprise me.
I read that Dara wrote a letter to his employees today re the poor share prices. See Below.
"Obviously our stock did not trade as well as we had hoped post-IPO. Today is another tough day in the market, and I expect the same as it relates to our stock.
But it is essential for us to keep our eye on the long-term value of Uber for our customers, partners, drivers and investors.
Every stock is valued based on the projected future cash flows/profits that the company is expected to generate over its lifetime. There are many versions of our future that are highly profitable and valuable, and there are of course some that are less so. During times of negative market sentiment, the pessimistic voices get louder, and the optimistic voices pull back.
We will make certain that we communicate our incredible value as a company that is changing the way the world moves, but also the value that we are building for our owners. But there is one simple way for us to succeed – focus on the work at hand and execute against our plans effectively.
Remember that the Facebook and Amazon post-IPO trading was incredibly difficult for those companies. And look at how they have delivered since.
Our road will be the same. Sentiment does not change overnight, and I expect some tough public market times over the coming months. But we have all the capital we need to demonstrate a path to improved margins and profits. As the market sees evidence, sentiment will improve, and as sentiment improves, the stock will follow. We will not be able to control timing, but we will be able to control the outcome."
*Dripping with sarcasm
I really do not see any issue with this. What is that one person who knows your lcoation going to do with the information? Keep following you and drive out to meet you and road block you in? all for what? To rob you? I dont know just seems really far fetched to me.
😂
Are you looking to drive or ride with Instaryde?
Oh wow, sorry this happened to you. I would have been pissed and nervous about having drug residue in my car. I am glad he was a happy drugie at least, made a clean getaway from his GF and got to finish their stash himself lol
Driving around Halloween time is the WORST and I live in Salem, MA... So many crazies.