# Professor Baruch Lev's blog post on Uber's pre-IPO financial performance is featured

1 Faculty News May 8, 2019 ![Seeking Alpha logo](/sites/default/files/styles/246w/public/assets/images/con_030729.jpg?itok=lsJdjgi0)>

Excerpt from [Seeking Alpha](https://seekingalpha.com/article/4261631-uber-pre-ipo-observations-performance) -- "One is struck by the sharp drop in the 2018 revenue growth rate (42%). True, following a fast growth period, a certain slowdown is expected, but this 2018 slowdown seems a bit early in Uber's game. The quarterly revenues confirm the slowdown - third and fourth quarters 2018 and first quarter 2019 (estimated) revenues were rather flat: $2,944 million, $2,974 million, and $3,075 million (mid high-low), respectively. Is competition taking its toll or is it the constant push-back from cities and taxi drivers? In any case, Uber's road ahead surely appears challenging."

[Read more](https://seekingalpha.com/article/4261631-uber-pre-ipo-observations-performance)