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by samfisher83
3383 days ago
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Google ventures is an investor in uber. They invested 250 mil when it was worth 3.6 billion. That works out to about 7%. Lets assume their stock has been diluted somewhat to 5% however the company is now worth 60 billion. That is is 2.75 billion paper gain. I think it makes sense they just work together and settle the issue because even if google wins the only people who really win are the the lawyers, because you will be hurting your investment. Also google track record with getting R&D projects to market is not too great. |
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