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What is keeping Uber from going public?

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lilly
1026 Rider Guru
 Posted 8 years ago

I know the company has been able to raise enormous amounts of money ($12.5 billion) from VC's and large corporations but do you think one day Uber will plan to carry out a stock market listing? If so, when and what is holding Uber back?

Comments

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    Bigfrank
    447 Rider Driver Driver
     5 years ago

     Uber is a pyramid scheme and they if they haven't seen profit now when the hell will they See it ?   they should be ashamed themselves for what they did to the drivers especially the ones that committed suicide and I wouldn't want to be in their shoes when it's time for them to leave this earth.

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    felicia
    120 Rider Guru
     8 years ago

    I think in the next 10 years we will see Uber go public, but I know the CEO is trying to hold out as long as he can before he can't resist an IPO any longer. If Uber isn't becoming increasingly profitable they will have to go public eventually so they can find some liquidity for investors.