For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market?
[1] https://www.wsj.com/articles/new-uber-ceo-says-company-could... , Aug 30, 2017
I mean, who knows, but their reputation is worth so much more than a privacy policy that it's actually enough for me.
Anyway, even a junior attorney should know that answering the question “what will we do with your data?” is table stakes for putting a form online, especially one that is soliciting your private business information.
(Edited to clarify that even where privacy policy is not required, you still should tell people what you’re going to do with their submissions.)
Planning to avoid a recession is impossible, so I guess a few days? Financial news is primarily written to generate clicks, and nothing does that better than fear. Remember that.
These conspiracy theories that they have some inside knowledge about a correction and are trying to get ahead of it happening need to stop.
The problem is that Uber is probably over-valued, and they want to get in before Lyft which has a much lower (and more reasonable) valuation to hopefully capture some of the market's ride-sharing euphoria before lyft takes and dissipates it all, forcing uber to take a lower valuation and make their investors unhapy.
Im sure execs at uber are collectively yelling at their council for fucking this up and being second - it has an immediate color of their IPO being secondary, reactionary, rushed, etc and thus impacts their price accordingly.
> "His plans include rebuilding Uber’s culture and growing market share as well as possibly conducting an initial public offering in 18 to 36 months, according to people who attended the meeting. It is common for venture capital-backed companies to signal an IPO at a vague time in the future."
That Uber has chosen to go towards an earlier IPO rather than later from the upper end of 36 months to the lower end of 18 months is a fact. You can definitely argue that choosing to IPO earlier isn't necessarily a negative thing, but you can't argue away the fact that Uber has chosen an earlier timeline over a later one. Dara has never given a hard date for an IPO by the way, so I'm not sure what you mean by your statement of "he's always said it would be in 2019".
https://techcrunch.com/2017/11/09/uber-ceo-says-2019-is-the-...
He publicly stated over a year ago that 2019 was the year to IPO. To characterize this as a "rush" is being disingenuous. The 36 months that you're pointing to was never public, so who knows if was even correct or what the context was. His first PUBLIC statement above was 2019, and that was only 3 months after he joined Uber, so 2019 has been the year he has ALWAYS stated publicly.
The only thing that we can discuss and try to figure out from that then, is whether this choice of an earlier IPO over a later one means something. In my opinion, it does. Is this a basis with which we can at least agree on? A discussion without some kind of common foundation to derive from is meaningless otherwise.