CEO Dara Khosrowshahi says Uber is on track to go public later this year, a move that could make it the biggest IPO of 2019. WSJ’s Jason Bellini breaks down five ways Uber is preparing itself for its market debut. Illustration: Laura KammermannWealthy clients of Goldman Sachs Group Inc. will emerge with deeply discounted stakes in Uber Technologies Inc. when it goes public this week, placing them among the biggest winners in a deal full of them. In 2015, Uber raised $1.6 billion from Goldman’s private-wealth clients by selling them debt that would convert into stock at a discount to the eventual IPO price. The discount grew the longer Uber stayed private and now stands at 40%, including accrued interest, according to investor documents and people familiar with the...

Source: Wall Street Journal May 08, 2019 16:42 UTC