Ridesharing Company Uber Files for IPO
Admitting missteps along its 10-year journey
“We ignite opportunity by setting the world in motion,” says Uber in its filing for an initial public offering with the Securities and Exchange Commission last Thursday. The 10-year-old company is ready to move to the next level by making itself available on the stock exchange. As it does so, the rideshare company’s CEO, Dara Khosrowshahi, who replaced founder and ex-CEO Travis Kalanick, admits there were missteps along the way. He also commits himself to treating customers, colleagues and cities with respect, and he vows to the run the business with passion, humility and integrity.
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