قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ A deep dive into the Uber S-1 – TechCrunch

A deep dive into the Uber S-1 – TechCrunch



Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines.

It's time for another Equity Shot, a quick-take episode centered around a breaking news event. This time, as you already guessed, Kate Clark and I sat down to dig into the Uber S-1

. It's a huge, complex document, but we did our best to summarize what's inside.

First, we talked through yearly results, looking back a half-decade into Uber's revenue growth. In the filing, Uber reported 2018 revenues of $ 11.27 billion, net income of $ 997 million and adjusted EBITDA losses of $ 1.85 million. We highlighted those numbers, talked about operating losses and the company's gyrating net results that included the positive impacts of various divestitures.

Yes, this S-1 required a bit more unpacking than most. We apologize for the frantic scrolling, we were pouring through the document live and we were a bit excited. This is an IPO that's been talked about for years and will be easily one of the largest floats of all time.

Anyway, an S-1 brings insights to more than just a company's financials, so we spent time highlighting key stakeholders, or, in other words, the people are going to get really really really rich off Uber's IPO. That includes Uber co-founder and chief executive officer Travis Kalanick, famous venture capital firms like the SoftBank Vision Fund and Benchmark, and more.

The IPO, remember, is expected to sell $ 10 billion in stock (primary and secondary) and value the company at $ 100 billion or more.

If 30 minutes digging through the S-1 was not enough for you, do not fret, we'll be following the Uber IPO for weeks – probably months – to come.

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Pocket Casts, Downcast and all the casts.


Source link