Uber, Lyft Drive Toward the 2019 IPO Market

The transcript discusses the timing and valuation of IPOs, particularly focusing on Uber and other on-demand services. It explores the differences between private and public market valuations, highlighting the readiness of companies to go public. The conversation also delves into the future potential of ride-hailing services and the broader transportation market, emphasizing the importance of betting on future growth. Additionally, it examines the perspectives of debt and equity investors, questioning the rationality of current market valuations.

What factors contribute to the argument that 2019 is a significant window for companies like Uber to go public?

Discuss the implications of the current valuations being offered by banks like Morgan Stanley and Goldman Sachs for companies going public.

How do historical IPO trading multiples compare to the expected valuation of Uber?

In what ways might Uber's business model evolve over the next eight years according to the discussion?

What is the significance of the $2 trillion market opportunity mentioned in relation to Uber's future?

What are the potential risks and rewards of investing in Uber as it branches out into new business areas?

Analyze the debate surrounding the timing of Uber's market entry and its implications for investors.