Uber is expected to register its initial public offering Thursday. The company, which plans to sell roughly $10 billion worth of stock, is aiming for a total valuation of $100 billion. It would be the year’s largest IPO filing and among the biggest in history. But Uber’s projected valuation is actually lower than previous expectations, perhaps reflecting an atmosphere of restraint after Lyft shares have fallen in the week since they began trading. Meghan McCarty Carino looks into the process of valuing companies in this age of unprofitable unicorn startups.
Click the audio player above to hear the full story.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
Thanks to our
Your support keeps us going strong, even through