Uber is on-the-road pitching their IPO and their recent $1 billion investment by SoftBank, Toyota, Denso is a good sign, including having a hidden message
, pumping cash into Uber Technologies Incorporated for the honor of being immersed into Uber’s self-driving driverless car efforts.The Coopetition Deal
Furthermore, for those that might be worried that the ongoing cash drain from the Uber self-driving car efforts might be a false hope, you’ve now got the confidence builder by the three cheerleaders willing to put their money on-the-line. Apparently, Uber will reportedly be spinning out the self-driving car unit, encompassing six board seats for Uber and one each for SoftBank and Toyota.has been rampant in the self-driving car realm.
There’s a well-known rule-of-thumb in the systems field that you can have one bad instance when doing an initial rollout or trial of some kind, and many will consider it a fluke, giving you some breathing room to try again, but if you have a second such adverse instance, the hammer will come down, mercilessly. In some respects, the
In short, if there is perchance a second deadly incident, and it occurs between now and their IPO, the reaction could be so massive that it could undermine the nature of the IPO, including its size and timing.
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