Hi all! Does anybody know if Uber shares will soon be available after going public tomorrow?
Cheers
Isnāt it Lyft listing āaround the 18th of Marchā with Uber coming up a few weeks later? In either case, I think there will be some sort of delay before these companies will available on Freetrade. If they are listing on NYSE or NASDAQ, I believe there should be no issues at all in terms of offering them and it is reasonable to expect them to be released in the nearest batch of the US stocks (subject to the IPO dates, of course) 
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Of course, you are right. It was Lyft today and Uber hopefully early April.
Thanks
Staying well away. I reckon the price will just fall from IPO day till forever.
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I dont know, it might surprise you. How come you say that?
I canāt speak for @Certi.Curti , but my case for not investing in Uber is:
- The headline valuation suggests to me that āwinning most of transportā is already priced in so Iād fear further growth was difficult. That is a gut reaction though - I havenāt looked at Uberās financials.
- It now looks like ridesharing is a series of separate, winner-take-all territories: the network effect from building both sides of the market is local rather than global (see Uberās difficulties in China, India etc). So scale is less of a moat than it is for other startups.
- Electric/battery tech is deploying to other forms of transport more quickly than cars. This may create additional competition and unbundle car use quicker than rideshare unbundles car ownership. (Admittedly Uber is investing in scooter rideshare cos etc.)
- Google is way ahead of the self-driving competition and is invested in Lyft. This will be a future problem for Uber.
- Historically Uberās culture was poisonous. It may be better now, I donāt know, but that history has made me avoid their product.
I also wonder whether the IPO market will break for a few years if Uberās doesnāt go well.
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Good justifications.
For me, i just donāt really believe in IPOs. I donāt see the benefit.
To be clear, iām distinguishing between an IPO and a stock once its IPOād. Slight nuance, but important distinction. If in the future the stock has great fundamentals then I would invest.
I believed this from my own personal perspective. But yesterday I came across this interview and Buffett puts it across much better.
āRather by a company when i choose to, not when they choose to sell to me.ā
IPOs allow underwriters and private investors profit more.
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I agree with that sentiment. why pile in with everyone else who is clamouring to pile in? take facebook for example, Itās much higher than the IPO price now but there was an opportunity to get in at an even better price a few weeks after the IPO
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Agreedā¦ Seems like a few weeks - a month after an IPO when the sell off has happened is usually a great time.
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IPO getting closer for UBER
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Hopefully it will not crash like lyft after initial offering.
Uber filed for IPO yesterday, their S-1 has a lot of information, hereās some early coverage:
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The fact they have the additional revenue lines should make them a bit stronger than Lyft, but the massive marketing cash burn is extremely off putting for me.
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Some pretty scathing analysis from Alphaville as usual - an MIT studyās found that autonomous taxi fleets will be more expensive for consumers than taxis with drivers 
I think itāll defo perform better than Lyft, but still fall especially in the early days - I do think they could turn it around but it will take time
Very high valuation though for a company with so many competitors and no moat.
Definitely a high valuation - but I do think they lead this space - and internationally theyāre acquiring other competitors.
Cashflows will be lower in the earlier years - but I think growth op later done the lineā¦ albeit moderate