[Retric]

Uber gave up 245 million dollars. That's not based on nothing.

Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.

[valuearb]

They didn’t give up a single dollar. They gave up a tiny sliver of equity that might be worth $245M someday.

[Retric]

There is a secondary market for Uber stock that's moderately liquid. It's not a public company, but every shareholder takes a haircut when they hand out more stock.