Uber is slated to begin trading publicly on Friday morning as its IPO process finally comes to a close. In advance of its public debut, we surveyed ~50 hedge funds for their perspectives on the business and their views on the stock.
A few excerpts from the survey results are below. For the full results and downloadable PDF report, just head to the app.
~70% of hedge funds surveyed were not positive on the Uber IPO:
Of the bearish respondents, nearly half cited unit economics as their primary concern
Bullish investors were primarily focused on relative comparisons to LYFT
...Whereas bearish investors were more focused on end-state fundamentals
For the full results and downloadable PDF report, just head to the app.