The Tale of two CEO: as we all know and have been waiting for, the Uber IPO is coming Friday, May 10th. The IPO is facing many obstacles such as: 1) a down market which is worried about the Trump China tariffs 2) Uber losing billions as a company, not becoming profitable anytime soon 3) Uber drivers coming off a so called strike yesterday, etc, etc and sadly the ringing of the bell at the beginning of trading at the NYSE at market opening controversy. The founder/CEO Of Uber (Travis Kalanick) who was forced out believes he should be onstage ringing the the bell with the current CEO Dara Khosrowshahi, who is a little hesitant of having Kalanick with him since he represents Uber’s past unacceptable corporate culture. Uber’s bankers priced the stock today around 44.00 to 45.00, which is underwater for the current investors who invested in the startup pre-money. In investment banker talk, money is being left on the table, it could price higher, but they don’t want sellers or flippers sell their shares thereby pressuring the shares lower on their big day, as how LYFT did a few weeks ago. Tomorrow will be a big historic day when Uber comes to market, it should be interesting on how it trades. #rideshare #gigeconomy #uber #ipo #uberipo #lyftpromocode #lyft #uberdrivers #nyse #openmarket #traviskalanick #cars #personaldrivers #taxis #investment #retirement #nasdaq#smartmoney #cnbc #jimcramer https://www.instagram.com/the_lindseycompany/p/BxRLOollS2J/?utm_source=ig_tumblr_share&igshid=xq7sm2hb32s6
