Uber, which priced its IPO last night, starts trading today on the NYSE under the symbol “UBER”. This is one of the most highly-anticipated offerings ever–largest of 2019, and one of the biggest in U.S. history. Outsiders looking in (NoPo among them) are fascinated by Uber’s valuation. Yes, it has decreased some, but $82 billion is still insane (!), particularly since Uber is burning through $$$$$$$$$$$ as it fights to grow its market share and to expand into all sorts of new businesses, including self-driving vehicles and deliveries. Next stop: profitability? #timewilltell

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