In an interview with Cheddar Wednesday, IPO Edge Editor-in-Chief John Jannarone explains how Uber has made a more compelling offering to investors than Lyft. First, the company’s investor presentation makes clear it has a strong management team and an emphasis on robust corporate governance. For instance, it has a one-vote per share policy, which contrasts with Lyft’s supervoting structure that leaves two founders with 49% control of the company. Uber also laid out long-term financial goals including a 25% Ebitda margin. Even so, Uber may struggle to reach profitability in the near term, with worrying signs such as a 7% “take rate” at its Uber Eats food delivery venture.