Why Uber Chose Morgan Stanley to Lead Its IPO

The transcript discusses Morgan Stanley's leading role in Uber's IPO, drawing parallels with its past involvement in Facebook's IPO. It highlights the challenges faced by Goldman Sachs, which is not leading the IPO, and the competitive dynamics with JP Morgan. The discussion also touches on the timing and market conditions for Uber and Lyft's IPOs, with expectations for the first half of the year.

What role did Morgan Stanley play in Uber's IPO process?

• They were the sole underwriter.

• They led the IPO offering.

• They declined to participate.

• They only provided advisory services.

How did Morgan Stanley's involvement in Facebook's IPO affect their reputation?

• It had no impact.

• It enhanced their reputation.

• It caused them to lose clients.

• It left them with some baggage.

What is the significance of Goldman Sachs' position in Uber's IPO?

• They are leading the IPO.

• They have a minor role.

• They are not involved at all.

• They are co-leading with Morgan Stanley.

Which bank had the opportunity to lead Lyft's IPO?

• JP Morgan

• Morgan Stanley

• Bank of America

• Goldman Sachs

What factors could influence the timing of Uber and Lyft's IPOs?

• Company size and revenue

• Number of investors

• Location of headquarters

• Market conditions and SEC feedback