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A comment on Uber S-1. Parent comment

Re:Uber S-1 by leoromanovsky on Thursday April 11, 2019 @05:42PM (#19639540)
It's the case of SNAP and LYFT because they have ownership structures which don't allow mutual funds to invest in them. Uber has a normal structure; any fund that mirrors the market will purchase the stock.

https://www.recode.net/2019/4/11/18302102/ipo-voting-multi-d...

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Re:Uber S-1 by JMTQp8lwXL on Thursday April 11, 2019 @05:48PM (#19639602)
> Back in 2017, the private ride-hailing company got rid of its dual-class voting structure that had enabled its previous CEO, Travis Kalanick, to make a lot of bad decisions.

What an interesting takeaway. Certainly bodes well for the average Uber investor, but really it only happened because of Travis.

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