Proof The Bubble’s End Is Near—-Mega-Money Loosing Uber And Lyft Race To IPO Market

Uber Technologies Inc. filed paperwork confidentially this week for its initial public offering, according to people familiar with the matter, as it races with smaller rival Lyft Inc. to be the first to market……Based on the pipeline of potential IPOs, which includes data-mining company Palantir Technologies Inc., Slack Technologies Inc. and Airbnb Inc., 2019 could be a record-breaking year for market debuts in terms of dollars raised. It could top the high-water mark reached in 2000, when tech companies raced to cash in on lofty valuations at the height of the dot-com boom..

 

https://www.wsj.com/articles/uber-lays-groundwork-for-ipo-1544231655?mod=hp_lead_pos1