Thread: UBER:2017

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  1. #1 UBER:2017 
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Looks like UBER will being going IPO
    very soon.

    From what I've read they are taking in
    big bucs but also still hemorrhaging cash
    like crazy.All told, losses for 2016 are an
    estimated $3 billion!!!

    Private Market Profits

    Instead of buying shares at the IPO, you should be selling them. You see, private investors have been buying shares in Uber for years. For example, investors like you could have invested in Uber in 2010. That’s when Uber used the AngelList crowdfunding platform to raise money. And when Uber goes public, all the investors who already own shares—all the folks who got in when Uber was still private—can finally sell their shares.


    And here’s the thing: No matter where Uber prices its IPO, those existing investors are nearly guaranteed to make money. That’s because when they invested, Uber was worth as little as $4 million. So even if the company IPOs at the low end of its likely range—$40 billion or $50 billion—those early investors could still turn every $1,000 they invested into an estimated $5 million.


    That is how you make guaranteed profits on an IPO.

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  2. #2  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    I would be nervous, it has a potential for a lot of litigation for various reasons.
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  3. #3  
    Festivus Moderator ralph wiggum's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    Looks like UBER will being going IPO
    very soon.

    From what I've read they are taking in
    big bucs but also still hemorrhaging cash
    like crazy.All told, losses for 2016 are an
    estimated $3 billion!!!




    LINK
    Been meaning to research their business model. And I'm even surprised at how many people use it, even in my medium sized metro area.
    Voted hottest "chick" at CU - My hotness transcends gender
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  4. #4  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    It will have been a long wait, 7 years, but a nice
    pay day at the end of the PRE-IPO Tunnel.

    Pretty cool. If you pick the right pre-IPO. I never
    heard of UBER back in 2010.
    May the FORCE be with you!
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