
Ride-hailing giant Uber is officially going public. The company revealed its plans for an initial public offering nearly two weeks after rival Lyft hit the public market on March 29.
In the company’s S-1 filing on Thursday, Uber CEO Dara Khosrowshahi published a letter outlining the “enormous” opportunity he sees for Uber in the future. “Just a small percentage of people in countries where Uber is available have ever used our services,” he wrote. “And we are still barely scratching the surface when it comes to huge industries like food and logistics, and how the future of urban mobility will reshape cities for the better.”
But he also didn’t shy away from Uber’s rocky past, and the circumstances that led to his tenure as CEO. “Of course, in getting from point A to Point B, we didn’t get everything right,” he wrote. “Some of the attributes that made Uber a wildly successful startup — a fierce sense of entrepreneurialism, our willingness to take risks that others might not, and that famous Uber hustle — led to missteps along the way.”
See below for Khosrowshahi’s letter in full.


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