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Uber has raised more than $11B over the years. Does anyone know how much of that is left and what their runway is? edit: runway to IPO I meant
by mtremsal 9y ago
Uber has raised more than $11B over the years. Does anyone know how much of that is left and what their runway is?
edit: runway to IPO I meant
- danmaz74 9y agohttps://news.ycombinator.com/item?id=15817179 https://news.ycombinator.com/item?id=15817179
- apocalyptic0n3 9y agoApparently they are at about $5.1B cash-on-hand, not including the potential $1B SoftBank investment. So they have about a year of runway right now.
- alpha_squared 9y ago> So they have about a year of runway right now. I think that assumes their burn rate will not increase. Which, historically, is not the case. At their current increase of burn, assuming it is linear, they're probably looking at less than a year. Maybe even as little as 9 months.