Uber Plans $90 Billion IPO
If Uber (UBER) can't cut their EBITDA loss as projected, the IPO will bomb. Even so, a $500 million EBITDA loss is a substantial amount for a $90 billion valuation. -The company forecasted doubling its 2017 net revenue to $14.2B by this year and that its loss before interest, taxes and non-cash items would fall to $500M from last year's $1.7B.