Read this gem about UberCab when they were just seed funding! Naval is smart, follow him on Twitter if you have an account or listen to his podcasts.
$45 per share. Definitely pricey.
I’m going to sit this one out.
Popcorn’s at the ready, this one should be fun to watch.
I avoid IPOs as a general rule so this will be interesting to watch. I’ll been keen to see what happens but unwilling to invest for the first week.
Let the market cast their judgement first!
When is it going live?
Just put in a buy order at $50 to buy 50 stocks at around £2000 with Interactive Investor, even if initially Uber doesn’t do so well I think the long term growth is there
Just watching Bloomberg now
‘Indicated to open at $42/$43’
I just cancelled my buy order
Eek. Think that’s wise
Why the sudden U turn?
Would rather let the stock settle then go back in for the long term after, my buy order limit seems overpriced now but who knows haha, slack may be a better IPO to make a quick profit on
Saw this on r/wsb
Uber having the market cap near to the one of Qualcomm just doesn’t make any financial sense to me.
A disastrous start for Uber.
The only winners are the early investors who cashed in some or all of their shares, IMO. Getting in at this stage doesn’t make any financial sense to me. I expect them to keep drifting downwards, much like Lyft did.
so glad I cancelled my order XD