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Upside for Uber is higher than S&P at this point. Could easily go above IPO price given the general upward trend + their good earnings.

• alephnan 7y ago
  Then they could have bought S&P500 first, then buy into Uber now
  • tempsy 7y ago
    That’s just called hindsight. If anyone knew at the time of decision what the perfect investment was we’d all be billionaires.
    • alephnan 7y ago
      Right, we don’t. But no one buys the S&P500 because it’s the perfect investment. It’s diversified. Much less risky then buying an individual stock like Uber.
      • tempsy 7y ago
        You're wondering aloud why a VC firm doesn't just buy the S&P. I think you can figure that one out yourself.
        • deleted 7y ago
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