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Uber's CEO sent an email to employees regarding IPO

Video Credit: Rumble - Duration: 00:34s - Published < > Embed
Uber's CEO sent an email to employees regarding IPO

Uber's CEO sent an email to employees regarding IPO

On Monday Uber CEO Dara Khosrowshahi sent an email to employees, addressing the ride-hailing giant's brutal stock-market debut.

Business Insider reports that in the letter he noted that while the market has so far punished Uber's newly minted shares, employees should be mindful that its early post-initial-public-offering trading won't necessarily give way to long-term issues.

Khosrowshahi pointed to Facebook and Amazon as examples of companies that weathered their IPOs.

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