007 Uber - The Status Quo

Uber, one of the most anticipated start-up unicorn IPO in recent history, goes public and much excitement and questions surrounds this event. Jake and Dario give their two cents on Uber and how their IPO will compare to the recent Lyft IPO. Will the public markets accept another sharing economy business and can they get to profitability within the near future? Riding sharing companies also face a "striking" labor (capital) force who are fighting for better pay and treatment from a company set to make millions by going public. All this and more on this episode of The Status Quo Podcast! **Editor's Note: Recording took place on 5/8/19, Uber went public on 5/10/19, and the podcast is airing on 5/14/19. Uber's stock has seen significant drop in share price from it's IPO and from subsequent market closings.