3 ms·
Join late at a very high valuation. > “There were many naysayers when SoftBank invested last year at a valuation around $49 billion,” said Chris Lane, an analy
by oldgradstudent 7y ago
Join late at a very high valuation.
> “There were many naysayers when SoftBank invested last year at a valuation around $49 billion,” said Chris Lane, an analyst at Sanford C. Bernstein & Co. “The successful IPO of Uber at a valuation anywhere near $100 billion will be a strong validation for SoftBank and its Vision Fund. This is also very good news for SoftBank’s other ride-hailing investments.”
Oops.
https://www.bloomberg.com/news/articles/2019-04-12/softbank-s-son-stands-to-double-7-7-billion-stake-in-uber-ipo https://www.bloomberg.com/news/articles/2019-04-12/softbank-...
- dntbnmpls 7y ago> “There were many naysayers when SoftBank invested last year at a valuation around $49 billion,” > Oops. But the current UBER market cap is $68 billion. So if softbank invested at $49 billion and now UBER is worth $68 billion, how exactly is that an oops?
- skinnymuch 7y agoThe market cap of Uber is higher than the investment valuation.