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Technology Stocks
Uber Technologies and Lyft Inc. IPOs
An SI Board Since March 2019
Posts SubjectMarks Bans Symbol
121 13 0 UBER
Emcee:  Glenn Petersen Type:  Moderated
Lyft Inc. filed its initial S-1 registration statement with the SEC on March 1, 2019. It previously filed a confidential statement on December 6, 2018. While the IPO has not yet been priced, the Wall Street Journal has reported that the company expects to be priced in the $20 to $25 billion range. The road show is expected to start during the week of March 18 and the IPO may occur before the end of March.

Uber filed a confidential registration statement on December 7, 2018. Its valuation has been pegged in the $120 billion range. The Uber IPO will probably be the largest - and the most controversial - IPO in the U.S. during 2019.

Uber and Lyft are the two largest ridesharing companies in the U.S., a market that Lyft describes as a "peer-to-peer marketplace for on-demand ridesharing." Uber, the poster child for the so-called "sharing economy," operates in about 70 countries and also has businesses in freight hauling, autonomous driving, food delivery, air taxis and artificial intelligence research. In contrast, Lyft is only available in the United States and Canada and has stayed tightly focused on its core ridesharing business. Both companies have focused on growth at the expense of profitability.

Lyft has benefited from a spate of scandals that rocked Uber in 2017, including allegations of sexual harassment made by its female employees, the resignation of its chief executive officer and its use of illicit software to deceive regulators. As a result, Lyft had a 39% share of the U.S. ridesharing market in 2018, up 17% in two years.

Uber SEC filings: Not available yet.

Lyft SEC filings:

Uber website:

Lyft website:

Two related SI boards:

Drones, Autonomous Vehicles and Flying Cars: Subject 59296

Among the biggest risks involved in the push to driverless cars is getting beaten in the race. The first companies to offer autonomous ride sharing “are expected to have long-term advantages compared with traditional non-autonomous ride sharing offerings,” Lyft says.

Peer-to-Peer, Gig, and On-Demand Economies: Subject 59463

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121Uber's latest test books rides with a phone call, not the app You won'tGlenn Petersen-last Thursday
120Uber shares spike as company says it will reach a key profitability goal sooner Glenn Petersen-February 6
119Uber and DoorDash reportedly held failed talks to merge last year Published ThuGlenn Petersen-January 30
118Perhaps the bigger story today for Uber might just be this: Srogermci®1January 21
117Uber cuts losses from Eats business in India with sale to Zomato Chandini MonnaGlenn Petersen-January 21
1167 days later, it seems the same Uber position <b>Uber Retools California Sr K-January 9
115Uber and Postmates claim gig worker bill AB-5 is unconstitutional in new lawsuitGlenn Petersen-January 1
114Uber obtains approval from Egypt to proceed with Careem acquisition Glenn Petersen-12/30/2019
113Good riddance.Glenn Petersen-12/22/2019
11212/21 4:47 PM Travis Kalanick, Uber’s former chief executive and co-founder, hSr K-12/22/2019
111Here's what Uber is doing to solve its sexual assault problem after reportinGlenn Petersen-12/7/2019
110Totally agree. London news merely noise.rogermci®-11/25/2019
109Uber stripped of its London license as regulator says it put passengers at risk Glenn Petersen-11/25/2019
108Short term pain; a positive long-term. Getting Kalanick totally out of the pictuGlenn Petersen-11/25/2019
107I interpret his sale of UBER stake as bullish. Selling pressure should abate.rogermci®-11/24/2019
106Kalanick Sells $1.5 Billion of Uber in Weeks After Lockup By Tom Metcalf BloomGlenn Petersen111/22/2019
105Uber faces costly choices after expert finds it uses Waymo self-driving tech ReGlenn Petersen-11/8/2019
104Uber stock falls after earnings beat estimates, but quarterly loss topped $1 bilGlenn Petersen-11/5/2019
103Uber, After Going Public, Fights to Get Its Edge Back Dara Khosrowshahi, Uber’sGlenn Petersen-11/3/2019
102Lyft stock rises after earnings beat, raising guidance for year October 30, 201Glenn Petersen-10/30/2019
101Uber announces deeper push into financial services with Uber Money October 28, Glenn Petersen-10/28/2019
100The first company to put large numbers of self-driving cars on the road stands tGlenn Petersen-10/18/2019
99Uber Incubator launches to develop new products and services Megan Rose Dickey@Glenn Petersen110/15/2019
98[tweet]SI Ron (Soup Nazi)-10/4/2019
97Uber launches a shift-work finder app, Uber Works, starting in Chicago Natasha Glenn Petersen-10/3/2019
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