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Technology Stocks
Uber Technologies and Lyft Inc. IPOs
An SI Board Since March 2019
Posts SubjectMarks Bans Symbol
262 24 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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ReplyMessage PreviewFromRecsPosted
262Uber shares pop on inclusion in S&P 500 PUBLISHED FRI, DEC 1 20236:00 PM ESGlenn Petersen-an hour ago
261Uber to Test TaskRabbit-Like Service in Florida and AlbertaFirm to test ‘Uber TaGlenn Petersen1November 13
260Uber stock slips despite Q3 profit beat as revenue misses Reuters Tue, NovemberGlenn Petersen-November 8
259Uber will now deliver returned packages Customers can use its new ‘return a pacGlenn Petersen-October 6
258Ride-hailing service Lyft Inc. on Tuesday reported a surprise second-quarter adjRon-August 8
257Lyft earnings expected after the close today.Ron-August 8
256The long view: Joshua Brown: X will never be the 'everything app' but UbRon-August 6
255 Khosrowshahi has done an extraordinary job at Uber. Uber Got a Bit Too Revved Glenn Petersen1August 2
254Stock price got a little ahead of itself. Killing it on EBITDA. I have a sizearogermci®-August 1
253Uber shares drop after revenue miss, despite first operating profit PUBLISHED TGlenn Petersen1August 1
252Domino's to start using Uber for food orders, shares surge By Granth VanaiGlenn Petersen-July 13
251‘Ghost’ menu massacre: Virtual brands face a reckoning as Uber Eats slashes 8,00Glenn Petersen-July 13
250Lyft's weak forecast overshadows strong first quarter, shares slump By AkaGlenn Petersen-May 4
249Very nice call. Took almost 3 months, though. Let's see it continue in theRarebird1May 2
248Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs Latest Glenn Petersen1April 21
247What Happened When Uber’s CEO Started Driving for Uber Dara Khosrowshahi and otGlenn Petersen-April 8
246Lyft Staff Pressed Founders for Change as Uber Pulled Ahead New CEO says he aimGlenn Petersen-April 1
245LYFT is up about 4% in after hours trading. Lyft CEO and president to step downGlenn Petersen-March 27
244Uber and Lyft shares rise after California court victory lets them classify drivGlenn Petersen-March 14
243Uber reportedly considering spinning off its freight business BY DUNCAN RILEY Glenn Petersen-March 9
242I'm beginning to think that Lyft will either downsize to a regional brand, oGlenn Petersen-February 9
241Awful. Heaven forbid should they have to downsize to save the company. Buy UBERrogermci®-February 9
240Lyft Shares Fall After Unexpected Loss, Downbeat Revenue Outlook Ride-hailing cGlenn Petersen-February 9
239Uber Reports Record Revenue as It Defies the Economic Downturn New York Times FGlenn Petersen2February 8
238Uber reports another loss but beats on revenue and the stock is up Published TuGlenn Petersen-11/1/2022
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