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Although Uber hasn’t announced a date for its IPO, it’s widely expected to pursue an initial public offering (IPO) in 2019. How will Uber’s IPO go and how will it affect drivers? It depends on a variety of factors, which senior RSG contributor John Ince outlines for us below.
Uber hasn’t specified a date for its 2019 IPO, but a keen sense of anticipation is growing both within the investment community and the ridesharing industry for what is shaping up as an epic event. Some have speculated that Uber’s IPO may be the biggest in history and the Wall Street Journal has thrown out a number of $120B as a likely starting place for a company evaluation in an IPO.
Uber isn’t resting on its laurels while it’s in “build up to IPO mode” right now, either. Let’s take a look of what Uber is doing to prepare itself for this major event. I see four key areas of attention for Uber CEO Dara Khosrowshahi and his crew.