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Not sure you can do the division like that without knowing what percent of the company the contributed capital represented.
by texasbigdata 6y ago
Not sure you can do the division like that without knowing what percent of the company the contributed capital represented.
- mardifoufs 6y agoOh, yeah that's an embarassing lapsus.To my defense,it seems like most of the equity is owned by investors and not founders, so the average return of the 900m$ is probably still around 3x~. It also seems like they have never been valued higher than the price Uber paid for them so odds are few investors got really burnt regardless of when they invested.
- mrnobody_67 6y agoSome investors got wiped out when the company had to do a pay to play, I believe.