3min chapter

Equity cover image

It's always earnings season if you look hard enough

Equity

CHAPTER

Uber's Recapitalization of Aurora

Caris Sten: The industry is not yet a driverless, meaning there's still one or two human safety operators with the specific truck driver license behind the wheel. Aurora recently raised $820 million in a public and this is the important part of their private offering; it appears that it was indeed from Uber. One thing I'm curious about though is what will turn out to be a zero interest rate phenomena in the technology space? Like will autonomous vehicles end up being kind of a boomlet that we could only see when money was so cheap?

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