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Uber CEO Says Company Can Do an IPO Without Being Profitable

Dara Khosrowshahi
Photographer: Marlene Awaad/Bloomberg

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By Eric Newcomer

July 16, 2018 at 9:22 PM UTC

This article is for subscribers only.

Uber Chief Executive Officer Dara Khosrowshahi said he doesn’t think his ride-hailing company needs to be profitable before a planned public offering in the second half of 2019.

Khosrowshahi, speaking Monday at the Fortune Brainstorm conference in Aspen, Colorado, said he was more focused on generating positive cash flow than making the company profitable according to generally accepted accounting principles.