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Uber shares stalled last night as it made its £63billion stock market debut. The US taxi app company had priced its shares at $45 each for the float, but as trading began they tumbled to $42. Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that Se hela listan på thenetworthportal.com In 2009, Lance invested $100,000 in a nascent funding agency referred to as Lowercase Capital run by Chris Sacca. The majority of that cash apparently went to Uber, which on the time, was value simply $3.7 million. Lance Armstrong's net worth is directly connected to his time on the bike.

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He was forced to  Armstrong's Uber investment could now be worth north of $30 million. “A lot of the people you are talking about, Lance Armstrong, Jay-Z, Jeff Bezos, even Jeff Schmidt of Google, they Seeking compensation through equity is business 7 Dec 2018 Armstrong said he was not aware that he was investing in Uber, which at the time was worth $3.7 million, when he gave money to venture  6 Dec 2018 Lance Armstrong made a $100,000 investment in Uber when the company was worth $3.7 million.

Lance armstrong uber shares worth

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Share this article: That means Armstrong’s investment would be worth as much as $30 million at the top of that range. The Lowercase fund has returned between 250 times and 300 times it intial investment, meaning Armstrong’s investment would be worth as much as $30 million at the top of that range.
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Lance armstrong uber shares worth

2018-12-07 · Today, as the company prepares for its IPO, banks have valued it as high as $120 billion. That could make Armstrong’s shares worth more than $3 billion, but he declined to reveal the exact figure, Lance Armstrong's early investment in Uber has paid off big time. In an interview with CNBC on Thursday, Armstrong revealed that in 2009, he made a $100,000 investment in Chris Sacca's venture 2018-12-07 · Lance Armstrong was in a dark place after his lifetime ban for doping The $100,000 share he bought in Uber when it was worth $3.7 million in 2009 would now would be worth US$3.24 billion Lance Armstrong Poised To Become Uber Billionaire. December 7, 2018 Business, Sports.

Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that Uber’s projected IPO will value the company at $120 billion.
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Some estimates would then have Armstrong That makes Armstrong's initial investment worth as much as $30 million at the high end of that range. Once fees are deducted, it's likely that Armstrong's Uber stake has returned a total of $20 2018-12-08 · Armstrong in 2009 invested $100,000 in Chris Sacca’s newly started Lowercase Capital, CNBC reported. One of the firm’s bets was on the ride-hailing startup that was then valued at $3.7 million. That means Armstrong's investment would be worth as much as $US30 million at the top of that range. After deducting for fees, he's probably cleared about $US20 million. 2018-12-10 · In 2009, Armstrong invested the $100,000 in Lowercase Capital, a venture capital firm started by Chris Sacca, according to CNBC. The firm decided to bet on Uber, which was just preparing to launch 2018-12-08 · An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist.

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In an interview with CNBC on Thursday, Armstrong revealed that in 2009, he made a $100,000 investment in Chris Sacca's venture According to reports from Celebrity Net Worth, the Lance Armstrong net worth is an estimated $50 million. At the peak of his career, the Lance Armstrong net worth was reportedly around $125 million, as the former road racing cyclist earned over $20 million a year from endorsements and prize money. 2019-07-05 Disgraced cyclist Lance Armstrong has made a fortune from shares in global ridesharing company Uber. The 47-year-old former elite cyclist invested US$100,000 through venture capitalist Chris Sacca Lance Armstrong spoke with Andrew Ross Sorkin on CNBC’s “Squawk Box” show Thursday, revealing that an unplanned investment in ride sharing company Uber saved his family from financial ruin.

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