Uber.com might have equaled $532 million

Discussion in 'Non-Indian Domains' started by Prashant Sharan, May 12, 2019.

  1. Prashant Sharan

    Prashant Sharan India Active Member

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    The company that sold Uber.com to the transportation company could have earned $532 million.

    Raid hailing and mobility company Uber went public today. It hasn’t fared so well in its debut but still got a big valuation.

    Early investors in the company got a great return on their investment. The Wall Street Journal calculated the returns for early investors such as First Round Capital, Lowercase Ventures and Shawn Fanning.

    One company that could have hit pay dirt is Universal Music. Its investment arm previously backed a company that used Uber.com. It went defunct.

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