Tech Brew Ride Home Fri. 04/12 - Uber's IPO and Disney+ Deets
Apr 12, 2019
The discussion kicks off with Uber's highly anticipated IPO and its potential impact, including significant investor windfalls. Meanwhile, Disney lays out exciting details about its streaming service, set to rival giants like Netflix with an impressive content library. The episode also touches on the current landscape of AI and its implications for society. Plus, there's a fascinating look at Foxconn's developments in Wisconsin and insights into extending human life through biotech. Finally, listeners get weekend reading recommendations to dive into.
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Transcript
Episode notes
Uber's Risky IPO
- Uber's IPO filing reveals slowing growth and massive R&D spending, raising concerns about profitability.
- Their strategy hinges on dominating the market and achieving self-driving technology, a risky bet.
Google's Uber Gains
- Despite past tensions, Google emerges as a winner in Uber's IPO, benefiting from service fees and a substantial stake.
- Alphabet's 5.2% stake could be worth $5 billion if Uber reaches its $100 billion valuation.
Early Uber Investors' Windfall
- Early Uber investors like Benchmark, SoftBank, Travis Kalanick, and even Ashton Kutcher are poised for massive returns.
- Benchmark's $9 million investment could yield over $8 billion, potentially surpassing historical venture capital wins.