[countrybama24]

Considering their track record, I wouldn't be surprised if they have no intention whatsoever of going public. Uber has to convince investors they will be able to exit their investment and the total pool of investors willing to try their luck in the secondary market is likely much smaller than those looking for traditional IPO or trade sale liquidity events. Not that they would have difficulty raising money, but they are certainly pushing the limits of the terms they can receive. Someone else pointed out this would also be a useful tactic in recruiting pitches.

Is it really worth it to go public? The reporting burdens for public companies are well documented. But also this management team has used some pretty shady tactics in the past. I can't imagine they love the idea of the scrutiny that comes with being public. You can always sell your share of the company in one of these financing rounds if you wanted to diversify your wealth.