Uber's financials, Qualtric's $8B exit, and what's going on at WeWork
Equity - A podcast by TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Rebecca Szkutak
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This week, Uber was first in line due to the scale of its results. The firm disclosed its third-quarter results including slowing growth (in percentage terms), steep losses on a GAAP basis (GAAP means that all costs were counted) and adjusted losses that fell in the period. Next up was the big deal of the week, effectively. The Qualtrics exit to SAP for $8 billion in cash, a portion of which it borrowed, as we point out. The deal meant that the company didn't actually go public (boo), but it still made a hell of a splash all the same.
