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The headlines all seem totally wrong. Uber: $1.25M VC capital turned into $84.2B That sounds like the guys who invested $1.25M now own $84B worth of Uber
by founderling 7y ago
The headlines all seem totally wrong.
Uber: $1.25M VC capital turned into $84.2B
That sounds like the guys who invested $1.25M now own $84B worth of Uber stock. I don't think that is even remotely true. I would think there came many more investors who put in more money. And that's how the vast majority of the $84B market cap was created.
- chdaniel 7y agoSad to hear the mark was missed - I'm looking at it from the founder/s' perspective since this is a place where founders hang (less so investors) They made a $84.2B company and started with that investment. Yes, the story is longer, multiple investment rounds were gathered but in a nutshell, we can look at it from this angle