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With Uber’s public offering set to follow Lyft’s awkward debut, we’re hosting a black book to review how public markets may meet, value, and track shares of Uber.
While the company would like investors to see it as the next Amazon, the decelerating growth and profitability challenges may leave investors concerned that Uber’s model is structurally deficient.
We’ll lay out a data-oriented reasonable range of expectations for valuation and market reception, along with a review of the relevant filings and other available information.
Here are two slides from our deck:
- Employment Contractor Advantage/Disadvantage: Durability of labor model, other examples, downside of independent, mercenary labor
- Valuation & Public Market Evaluation: Similar matching functions, sum-of-parts, margin upside limitations
If you are an institutional investor interested in accessing our "Black Book" research email email@example.com