ipos

  • Here’s What Could Sink Uber, According To Uber

    Here’s What Could Sink Uber, According To Uber

    Uber, the money-losing ridehailing platform which by its own admission in its S-1 filing claims it has “incurred significant losses since inception” and “may not achieve profitability,” has overcome a lot on the road to today’s initial public offering. It’s entire business model however — which involves cost-cutting by arguably misclassifying the overwhelming majority of…