Here’s What Analysts Are Saying About Uber’s IPO

Uber’s long-awaited initial public offering has analysts mulling over one big unanswered question: Does Uber have a realistic path to profitability? The ride-hailing company’s public stock listing on Friday comes amid a wave of blockbuster tech IPOs, including one by rival Lyft nearly two months ago. Uber’s financial details, revealed in the run up to […]

Pay Less Attention to Uber’s IPO. And Everyone Else’s.

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, […]

Data Sheet—Pay Less Attention to Uber’s IPO. And Everyone Else’s.

I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, participants in capital markets understood initial public offerings for what they were, financing events. Fledgling companies raised a small amount of venture capital, investments they got […]

Here’s How Ride-Sharing Drivers Will Strike Ahead of Uber’s Massive IPO

One of the perks of an IPO, it’s often said, is all the free publicity it can bring. In the case Uber, however, the extra attention ahead of its long-awaited IPO may not be so positive. Drivers working for Uber, Lyft and other ride-sharing apps are organizing strikes in the U.S. and the U.K. on […]

This Is Why Rideshare Drivers Are Going on Strike

After weeks of nonstop coughing, Carlos Martin finally went to see a doctor. His physician immediately ordered an X-ray, unveiling an aneurysm in his aortic arch. The bulge was just a few weeks away from bursting, said the doctor. Martin was lucky his dangerous condition was caught in time. But he’s even luckier to have […]

Lyft’s First Earnings Report Shows 95% Revenue Growth—and a $1.1 Billion Net Loss

Lyft’s first earnings report since its high-profile IPO proved to be a mixed bag of good and bad news. Revenue growth in the quarter surpassed analyst estimates but the company’s net loss was significantly weighed down by stock-based compensation related to its March 29 offering. Lyft also announced it was partnering with Waymo, an Alphabet […]

Here’s What Analysts Are Saying About Pinterest Following IPO

Pinterest may not be this year’s most anticipated initial public offering, but analysts say it shouldn’t be overlooked as an investment. “If you get blinded by all the other stars out there, you’re missing on the value Pinterest has,” said Andrew Lipsman, analyst at research firm eMarketer, referring to Uber, Lyft and a raft of […]

Uber’s IPO Filing Shows How Much of a Lead It Has on Rival Lyft

In the race for ride-hailing dominance, Uber is officially in the pole position, out-pacing rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That’s the big takeaway from Uber’s S-1, after the San Francisco-based company has filed its initial public offering paperwork with the Securities and Exchange Commission […]

Lyft Stock Tumbles Two Days After its IPO

Lyft’s high-flying stock has taken a dive just a day after debuting on the Nasdaq. And the shockwave could rock other big tech companies readying for their own initial public offerings this year. “This is a pivotal few weeks of trading ahead to gauge street demand for the name as valuation and profitability continue to […]