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Are these venture capitalists even seeing a return on their money? I was under the impression that with how much Uber receives and loses, the only people gainin
by seangrant 9y ago
Are these venture capitalists even seeing a return on their money? I was under the impression that with how much Uber receives and loses, the only people gaining are paid Uber employees and riders getting discounted rides.
Where does the profit come from, and does it go to the VC investors?
- rockinghigh 9y agoMoney only goes back to VCs in a liquidation event (IPO or sale). Uber may have made some deals to buy back shares but it has to be limited in scope.