Here's how much Lance Armstrong made on his early Uber investment
Saturday, 8 December 2018 The cyclist's prospects looked bleak when he admitted he had cheated at the Tour de France. An investment in a fund that bought into Uber became a lifeline.
Lance Armstrong's early investment in Uber has paid off big time. Armstrong revealed to CNBC that in 2009, he made a $100,000 investment in Chris Sacca's venture capital firm, Lowercase Capital. His investment was then mostly spent on Uber, which at the time had a valuation of $3.7 million. Today,...
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Uber is prepping for a 2019 IPO — at a rumored $120 billion valuation. Its last funding round valued the company at $68 billion. But in 2010, 32 different investors bought a chunk of the company for..