![Uber](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/07/Uber.jpg?resize=678%2C381&ssl=1)
Uber’s $69 billion valuation and large quarterly losses will make for a difficult initial public offering, John Divine argues. The company is valued at about 17.9 times sales, and it would presumably seek an even higher valuation for the IPO.
U.S. News & World Report (8/29)