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A comment on Uber Joins Lyft in Race to Tap Investors. Parent comment

Re:Uber Joins Lyft in Race to Tap Investors by lvs on Friday December 07, 2018 @10:46PM (#18633800)
That is a meaningless statement. The decision to prepare is distinct from the decision to commit. It's farcical to imagine that these overvalued companies are just filing on sheer momentum. Doing it now is an affirmative decision. Also, the drop began two months ago and the signs of volatility where there in January.
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Re:Uber Joins Lyft in Race to Tap Investors by kerng on Friday December 07, 2018 @11:14PM (#18633885)
To be fair, they have been talking of a 2019 IPO since more then a year ago.
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Re:Uber Joins Lyft in Race to Tap Investors by lvs on Saturday December 08, 2018 @03:39AM (#18634475)
Whatever the case, the exit-ramps are there at every stage and every moment until you do it. To play this as some kind of rolling ball that couldn't be stopped strains logic and seems basically counterfactual.
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Re:Uber Joins Lyft in Race to Tap Investors by xyzzy_plugh on Saturday December 08, 2018 @04:20AM (#18634557)
I disagree. I think the tension between getting your house in order enough to open your books to the public market and critically important employees waiting around for their stock-based compensation to trigger puts you between a rock and a hard place.

For Uber, it's do-or-die in 2019.

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