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Uber CEO Dara Khosrowshahi says he wants 2019 IPO — CNBC

Much of interest in this interview with Andrew Ross Sorkin and Dara Khosrowshahi, including a frank statement that Uber has been “immature” in its dealings with regulators globally. The underlying news is that Uber and Lyft are in a race to initial public offerings in 2019. Whether SoftBank is involved or not, Khosrowshahi has committed […]

Much of interest in this interview with Andrew Ross Sorkin and Dara Khosrowshahi, including a frank statement that Uber has been “immature” in its dealings with regulators globally.

The underlying news is that Uber and Lyft are in a race to initial public offerings in 2019. Whether SoftBank is involved or not, Khosrowshahi has committed to provide liquidity to investors.

“We have all of the disadvantages of being a public company, as far as the spotlight on us, without any of the advantages,” he said in his first high-profile appearance since he became CEO. “So Travis [Kalanick] and the whole board now agree we should just go public. The numbers support it.”

Source: Uber CEO Dara Khosrowshahi says he wants 2019 IPO

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