Money. All of that ahead on bloomberg , west. First, to our lead uber making the rounds on wall street. The company is seeking a 1 billion credit line from a handful of banks. This according to the wall street journal. Which says the company is in , talks with six or seven banks. Uber declined to comment. Earlier this month bloomberg reported uber was planning to raise 1. 5 billion in a new funding round that would boost its valuation to a staggering 50 billion. What does uber want with all this money . Is it an ipo in the near future . Joining me in the studio, katie venner and gabe klein who works as a special venture partner. Idc firm focused on next agenda mobility. Gabe, you just invested in lyft. You are the perfect guy to be talking to about this. I know you have been looking very closely at this space. This credit line is something that facebook, twitter, alibaba had done before. How close are we to an uber ipo . Gabe klein the truth is we dont know. I think that it is typical