# Professor Arun Sundararajan explains the strategy behind why Uber’s new CEO Dara Khosrowshahi mentioned a potential IPO his first day on the job

1 Faculty News August 30, 2017 ![Cheddar TV logo 192 x 144](/sites/default/files/styles/246w/public/assets/images/cheddar192x144.jpg?itok=6U_66wJP)>

Excerpt from [Cheddar](https://cheddar.com/videos/why-dara-khosrowshahi-made-such-a-bold-move-on-day-one) -- "'I think by saying that, 'I want to go public in 18-36 months'...what Dara is doing is re-insuring investors... The choice of Dara is very clearly a signal that investors are serious about taking Uber rapidly to profitability.'"

[Watch the video](https://cheddar.com/videos/why-dara-khosrowshahi-made-such-a-bold-move-on-day-one)