How a venture capitalist would look at Uber's value:
Uber went public at a tough time for the markets, and investors are having a hard time untangling whether its current stock price is reflective of its true value, or macroeconomic fears. Risky tech stocks with higher volatility, by definition, go to even lower lows when the market dips, and higher highs when the market is up.the company has a $3 billion loss from operations
Uber's historical performance has demonstrated that the riders value the drivers more. Uber might give a new user a $20 credit or referral bonus to their friend. They have paid drivers $500 in guaranteed payments for doing a minimum number of rides. When you see this behavior, it is a telltale sign that the demand values the supply more, and the marketplace is trying to subsidize more supply .
What is the marketplace take rate or monetization model, and what is the the sustainable take rate over time and why?
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber ends its first day of trading down more than 7%Uber debuted Friday on the New York Stock Exchange, trading under the symbol 'UBER.'
Read more »
Uber opens at $42 in market debut, after pricing at $45 per shareWatch Uber begin trading for the first time ever. The stock opened at $42 in its market debut, after pricing at $45 a share. $UBER
Read more »
Uber stumbles in trading debutUber debuted on the New York Stock Exchange Friday, trading under the symbol 'UBER.'
Read more »
UBER Stock | UBER Stock Price Today | Markets Insider
Read more »
Uber CEO Dara Khosrowshahi on the future of the company before its massive IPOUber CEO Dara Khosrowshahi shared an Uber with CNBC's Andrew Ross Sorkin ahead of the company's IPO on the New York Stock Exchange. Khosrowshahi discussed the company's success, new scooter and bike services, Uber Eats and more.
Read more »
Masayoshi Son rides Uber from vision to valueThe SoftBank conglomerate he runs tripled quarterly operating profit to $4.5 bln on gains from the ride-hailing outfit and other startups. Son also doubled dividend payouts while obsessing over the stock price. It’s a stretch for a growth investor to try and have it both ways.
Read more »
Uber fares are cheap, thanks to venture capital. But is that free ride ending?Uber has been losing money to keep rides cheap for years. Whether they can keep that up as a public company depends on which story investors believe.
Read more »
Uber, Lyft drivers on global strike just before Uber's IPOUber and Lyft drivers around the world are striking on Wednesday to improve wages and working conditions just two days ahead of Uber's monster IPO that could generate $80 million to $90 million. The hours drivers plan to strike vary by location but will span from New York to Atlanta to Tokyo. In
Read more »
Uber drivers plan strike ahead of much-anticipated IPOUber drivers are hoping to engineer another DeleteUber — but sparking that kind of consumer outrage won't be easy.
Read more »
Uber drivers' strike takes off in front of company headquarters ahead of $90 billion IPORideshare drivers across the world are boycotting Uber for as long as 24 hours today, demanding fare increases and lower commissions paid to Uber.
Read more »