.BrettArends: Sorry, bears, Uber's bad IPO has nothing to do with the company's future success
Facebook’s FB, +3.27% initial public offering was way worse.
“In the long run, we don’t see predictive power for future performance from an IPO that drops below its initial price,” she said. Renaissance runs an exchange traded fund that focuses on newly public companies, the Renaissance IPO ETF IPO, +1.13% They’re changing social behavior the way Facebook, Apple AAPL, +1.40% Amazon AMZN, +1.76% Netflix NFLX, +2.67% and Alphabet GOOG, +4.16% GOOGL, +4.35% have done. Thanks to Uber and Lyft, a growing number of people no longer have cars. It’s now viable to live without a car in most U.S. cities and many suburbs.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Uber IPO: 5 things you need to know about the biggest IPO in yearsUber Technologies Inc. moved a step closer to a mammoth initial public offering on Friday.
और पढो »
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.
और पढो »
Uber is sliding after its IPO, and Main Street trader who struggled to invest dodged a bulletUber may rise significantly from its IPO price of $45, but the typical retail investor will struggle to buy in at the IPO price.
और पढो »
Questions Persist About About Uber’s Profits—And Its Stocks Fall FurtherWhen the market closed, Uber shares were trading well below the original IPO price.
और पढो »
'Our stock did not trade as well as we had hoped': Read the reassuring email Uber's CEO sent employees following its disastrous IPOCEO Dara Khosrowshahi sent a letter to employees after Uber's messy IPO last Friday, comparing the road ahead to what Amazon and Uber faced post-IPO.
और पढो »
Uber IPO: Inside The 2008 Pitch That Birthed An $80 Billion Startup \nIts best-case scenario was $1 billion in revenue and next steps were to raise a few million. Uber's 2008 pitch deck shows just how much Uber has grown since its initial vision as a competitor to taxis.
और पढो »
The Uber IPO Makes A Trio Of Winners Even RicherUber’s trio of winners — Travis Kalanick, Garrett Camp and Ryan Graves— are the individuals reaping the biggest payouts from the IPO, even though they no longer run the company.
और पढो »
The Uber IPO Makes A Trio Of Winners Even RicherUber’s trio of winners — Travis Kalanick, Garrett Camp and Ryan Graves— are the individuals reaping the biggest payouts from the IPO, even though they no longer run the company.
और पढो »
Why I'm cashing out of San Francisco's tech IPO boom and retiring to Hawaii at 42Why I'm cashing out of San Francisco's tech IPO boom and retiring to Hawaii at 42. via CNBCMakeIt
और पढो »
Sentenced for scams, fake heiress not sorry 'for anything'NEW YORK (AP) — A German con artist who was sentenced to four to 12 years in prison for swindling banks, hotels and wealthy New Yorkers says she's not sorry for anything she did.
और पढो »