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In 2019 two ride-sharing companies - Lyft and Uber - went public.Whats are the risks that...

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Finance

In 2019 two ride-sharing companies - Lyft and Uber - wentpublic.Whats are the risks that these companies are facing? Arethese risks similar or different for both companies?

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Uber which went public in 2019 had a valuation of about 100 billion Uber has horizontal ambitions which are going beyond rides going into freight driverless car technology food deliver and air taxis It generates its revenue from three business units categorized as Personal Mobility Uber freight and Uber eats Risks faced by Uber The toxic culture at Uber due to lack of transparency mismanagement siloed teams was all mentioned when its IPO filing was done Uber    See Answer
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