Hello and welcome back to equity, TechCrunch's capital-focused podcast, where we unpack the numbers behind the headlines.
First, we talked through yearly results, looking back on a half-decade into Uber's revenue growth. In the filing, we reported 2018 revenues of $ 11.27 billion, net income of $ 997 million and adjusted EBITDA losses of $ 1.85 million. We highlighted those numbers, talked about operating losses and the company's gyrating net results that included the positive impacts of various divestitures.
Yes, this S-1 required a bit more unpacking than most. We apologize for the frantic scrolling, we were pouring through the document live and we were a bit excited.
Anyway, S-1 brings insights to more than just a company's financials, so we spent time highlighting key stakeholders, or, in other words, over the IPO. That includes Uber co-founder and chief executive officer Travis Kalanick, famous venture capital firms like the SoftBank Vision Fund and Benchmark, and more.
The IPO, remember, is $ 10 billion in stock (primary and secondary and value the company at $ 100 billion or more.
If 30 minutes digging through the S-1 what's not enough for you, do not fret, we'll post the IPO for weeks – months – to come.
Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple Podcasts, Overcast, Pocket Casts, Downcast and all the casts.