Given that the embarrassment of Lyft’s post-IPO belly flop is still fresh, the notion that Wall Street analysts are approaching Uber’s upcoming $100 billion debut with anything other than trepidation is simply baffling to us.
Didn’t Uber just admit in its S-1 that there’s a real possibility that it might never achieve profitability? And though Uber is, we supposed, the ride-share “market leader” (in both market share AND operating losses), the notion that the supposed ‘professionals’ aren’t at least a
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