> That way the company’s Saudi owners could raise investment capital from subsequent “investors” (AKA “suckers”) all the way up to the IPO, cash out, and walk a

> That way the company’s Saudi owners could raise investment capital from subsequent “investors” (AKA “suckers”) all the way up to the IPO, cash out, and walk away, whistling innocently. The rest of the article is debatable but reasonably well-supported with links, but not the thesis. It should be straightforward to link to the SEC Form 4s and other public records showing the pre-IPO investors sold off their significant stakes. Even granting all of the facts below, if this didn't happen, it implies the investors were incompetent rather than malicious. (I don't mean to imply they did or didn't sell off; I don't know much about Uber's financials. It's just weird to me that an essential point of this argument didn't get easy research.)