Here are the biggest threats to Uber according to Morgan Stanley, the bank that’s helping the $62 billion startup raise its next round of financing. Uber is currently raising a big new round of financing that it hopes to close this quarter at a $62.5 billion valuation (at $48.77 per share).
Bloomberg’s Julie Verhage saw a 290-page document prepared by Morgan Stanley for wealthy clients who may be interested in investing at a minimum buy-in of about $250,000.
In the document, Morgan Stanley outlines a bunch of the risks to Uber’s business. They aren’t anything surprising and include uncontrollable market conditions, increased competition, and expensive lawsuits. Read more from BusinessInsider and Bloomberg below.
- Uber is preparing a new round of financing. But there are hurdles ahead.