Uber kicks off its bid to become a public company

Uber filed documents with the Securities and Exchange Commission to become a public company Thursday, in what is expected to be one of the biggest tech IPOs in history. The company is seeking a valuation of between $90 billion and $100 billion, influenced by the rocky start to rival Lyft’s initial public offering late last month. As such, Uber will sell around $10 billion worth of stock in its IPO.The company said it lost $10 billion since 2016, underscoring the extremely precarious natur