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If not, which one do you think will go first?
Do you think Uber and Lyft will go Public at the same time?
Posted 6 years ago
Posted In
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Posted By
Alvin Phillips (MyAIbeatsyourAI)
12
Rider
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Comments
Lyft is shooting for Q1, Uber later during the year.
Lyft knows that they need to IPO first to get in investors pockets. People that have a vested interest in rideshare companies in Q1 are less likely to invest in competitor rideshare companies during Q3/Q4, especially after half a year shows that rideshare is a horrible investment.
This report says that Lyft is going to go public soon. https://www.forbes.com/sites/greatspeculations/2018/10/10/a-closer-look-at-lyfts-valuation/#d1b917f4a97d
And here Uber talks about going public next year.
https://www.forbes.com/sites/debtwire/2018/10/12/uber-says-its-three-years-from-turning-a-profit-as-it-pitches-debut-bond/#623723655e0e
I know nothing about the Wall Street. Is there some impact or reason they would go public on the same day?
To me it seems like all signs are pointing to Uber