• Term Sheet - Wednesday, August 22

    2 monthes ago - By Fortune

    IPO PREP Good morning, Term Sheet readers.
    Just a month ago, Uber CEO Dara Khosrowshahi said at Fortune's Brainstorm Tech Conference that he plans to take Uber public in 2019, adding that the company is in a "good position" in terms of its profitability, excluding certain expenses, and margins.
    However, there was one small problem - Uber hadn't had a chief financial officer since 2015, a glaring hole for a company planning an IPO.
    On Tuesday, the tech behemoth appointed Wall Street veteran Nelson Chai as CFO. Chai, who was most recently CEO of insurance provider Warranty Group, will join...
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