Uber Makes IPO Case That It’s About the Platform, Not the Losses

Uber Makes IPO Case That It’s About the Platform, Not the Losses

5 years ago
Anonymous $fWzGa1uP8i

https://medium.com/bloomberg/uber-makes-ipo-case-that-its-about-the-platform-not-the-losses-aa85a0c18d32

BloombergBlockedUnblockFollowFollowingApr 12Photo: Drew Angerer/Getty ImagesBy Eric Newcomer and Olivia Zaleski

Uber Technologies Inc., the current era’s archetypal startup, moved toward becoming a public company Thursday, revealing that it racked up a $3 billion operating loss last year and hoping potential investors will look beyond that.