Is Uber Prepping For An Ipo
The WSJ reports that people familiar with the matter say that the car-sharing company has been in touch with about six to seven banks to talk about the possible terms. Citing companies like Facebook, Twitter, and Alibaba prior to their IPOs, the Journal says that seeking large credit facilities is sometimes a sign that a company is about to seek an IPO. Per The Wall Street Journal: Uber is currently valued at $41 billion and had a revenue of about $400 million last year....