Victoria Harris

And it was the biggest IPO flop in US history.

And it lost $600 million on day one.

It's just wait for the hysteria to die down.

It's like going to a restaurant and they've still got teething issues and everyone's there.

It's like, just wait a few months.

Yeah.

Let it die down.

It might be great.

It might be shit.

Like, I don't know, just... Give it a minute.

It's not the only time you can buy shares.

But it'll be interesting to see how the oil price impacts Uber.

because they don't pay for their petrol.

That's on their drivers.

And so if they get more and more squeezed, whether there'll be some kind of amendment to the percentage that they pay to Uber drivers or what.

Like it's, yeah, it's very much, you can kind of tap in, tap out in terms of like being an Uber driver or not.

But there were some big tax changes in the UK that have actually impacted this result by a billion dollars.

And that was that because they don't hire Uber drivers as employees, their contractors, Uber was able to kind of skirt around paying VAT, so like GST, or paying tax only on that four pounds.

Oh, that's so clever.

The UK government was like, no, no, no.