Yes, this S-1 took a little more unpacking than many. We apologize for the scrolling, we were pouring through the record dwell and we were a bit excited. This really is an IPO ’ s been talked about for decades and will be of the greatest floats of all time that.
The IPO, recall, is expected to sell $10 billion in stock (secondary and primary ) and value the firm at $100 billion or even more.
It’s time for another Equity Shot, a quick-take episode based around a news event. This time, as you guessed, Kate Clark and that I sat down to dig in the Uber S-1. We did our best to summarize what ’ s inside, although it s a huge, complicated document.
We ll be following the Uber IPO for weeks months — ahead if 30 minutes digging through the S-1 wasn ’ t sufficient don ’ t fret.
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Anyhow, an S-1 brings insights into more than only a company’s financials, so we spent some time highlighting key stakeholders, or, in other words, the people are are going to have really really rich off Uber’s IPO. That includes Uber co-founder and chief executive officer Travis Kalanick, famous venture capital companies including the SoftBank Vision Fund and Benchmark, and more.
To begin with , we spoke through yearly outcomes, looking back a half-decade into Uber’s revenue growth. We emphasized those amounts, spoke about working losses and the company’s gyrating net results that included the favorable consequences of divestitures.