It's actually a big factor.
> It's actually a big factor.
I assume you are trolling but just in case....
the SPY is now up on the day and Uber is still below its IPO price, so I guess we can put to rest the idea that a down market is a big factor in Uber trading below its IPO price.
SV Unicorn hype aside, there's not a big moat around running a jitney cab company.
> Definition of jitney
> 1 : an unlicensed taxicab