Early Uber Investor Mitchell Green Says He's Happy With IPO Pricing

The transcript discusses Uber's IPO, highlighting its pricing strategy, market conditions, and the benefits of being a public company. It explores Uber's growth potential, particularly in ride-sharing and Uber Eats, while addressing challenges like stagnant share prices and market volatility. The conversation also covers financial insights, including Uber's revenue strategies and employee perspectives on share value.

What was the initial expectation for Uber's IPO pricing compared to its actual pricing?

• It was expected to be lower than $45.

• It was expected to be higher than $120.

• It was expected to be higher than $49.

• It was expected to be exactly $49.

Why is it significant for Uber and Lyft to become public companies?

• To merge with other companies.

• To reduce operational costs.

• To rationalize pricing and attract public investors.

• To increase their market share.

What is the expected impact of Uber's IPO on its public market investors?

• They will lose interest in the stock.

• They will demand higher dividends.

• They will continue to support the stock.

• They will sell their shares immediately.

What is a key factor contributing to the growth of Uber Eats?

• Decreasing global presence.

• Increasing take rates and market expansion.

• Reducing delivery times.

• Offering discounts on rides.

What is a major challenge for Uber's core business in on-demand rides?

• Lack of interest from investors.

• Excessive competition from new startups.

• Stagnation and potential decline in bookings.

• Rapid growth in bookings.

How can Uber potentially achieve profitability?

• By reducing the number of rides.

• By increasing the price of rides slightly.

• By expanding into new countries.

• By cutting employee salaries.

What psychological impact might the stagnant share price have on Uber employees?

• Excitement about future growth opportunities.

• Relief due to stable job security.

• Disappointment due to unmet financial expectations.

• Increased motivation to work harder.