Potential investors at a Manhattan stop on Uber's roadshow were treated much like potential patrons of a night club.
Bouncers at the Mandarin Oriental checked identification and the hundreds of attendees wore wristbands signifying that they were on the list.
Monitors display Uber Technologies Inc. signage in front of Morgan Stanley headquarters in the Times Square area of New York, U.S., on Friday, April 26, 2019.Potential investors at a Manhattan stop on Uber's "roadshow" were treated much like potential patrons of a swanky night club. According to investors in the room, Uber CEO Dara Khosrowshahi and CFO Nelson Chai were asked about the growth trajectory. One hedge fund investor said the Uber team laid out a "clear path," of how to get there but didn't provide "anything new" that hasn't been discussed publicly before. The same investor said the "buzz" around the event smacked of other high-profile tech IPOs.
The same investor said executives were asked "softball" questions when it came to growth. Another attendee, who also asked not to be named, highlighted potential growth in emerging markets and "Uber Pool" which allows multiple people to share the same car at a lower cost.
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