• Triton

Competition Slows Uber

In his article for The Wall Street Journal, Eliot Brown dug into the metrics in Uber's S-1 prospectus. "The ride-hailing giant’s IPO documents made public Thursday show a company besieged by competitors on all fronts, leading to sharp declines in revenue growth just as it readies to market itself to growth-hungry public-market investors," says Brown. Triton's Rett Wallace also offered perspective in the context of Lyft's IPO - and subsequent poor trading performance - earlier in the month. Full article in The Wall Street Journal - HERE