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The Uber IPO Is a Landmark

From the Atlantic: Here’s a deeply strange thing about Uber, which publicly filed for its IPO today: The company has lost $10 billion from operations, just since 2016, and while riders have paid $79.4 billion for rides, many drivers attest that they can barely scrape together a living. So no part of the operation is a[…]

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Uber vs Lyft: Here Are The Highlights From Lyft’s IPO Filing

From Zero Hedge: Shortly after Uber reported that even as the company continues to grow, generating record revenue in the latest quarter, yet burning ever more cash to preserve market share and grow it business as shown by its increasingly more negative EBITDA… … on Friday, Uber’s biggest competitor Lyft finally filed its long-awaited IPO[…]

How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb

Forbes March 2016 Eight and a Half X: TV star Ashton Kutcher and Madonna manager Guy Oseary teamed with billionaire Ron Burkle to turn $30 million into $250 million with investments like Uber and Airbnb. Liberty Media is betting $100 million the duo can do it again–on their own. (Photos: Tim Pannell for Forbes). Ashton[…]