Big revenues, huge valuations and major losses: charting the era of the unicorn IPO
With a market cap hovering around $64 billion, Uber is far below the $120 billion it was initially rumored to target.
Nonetheless, one could convincingly argue it’s still a rich valuation for a company that just posted a Q1 loss of around $1 billion on $3 billion in revenue.
So how do Uber’s revenues, losses and valuation stack up amidst the recent crop of unicorn IPOs?
To put things in context, we assembled a list of 15 tech unicorns that went public over the past three quarters.
We compared their valuations, along with revenues and losses for 2018 (in most cases the most recently available data), in the chart below:
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