Connect with us

Technology

People you never realized invested in Uber’s seed round

Editor

Published

on

[ad_1]

Dara KhosrowshahiThere are a lot of eyes on Uber CEO Dara Khosrowshahi ahead of the company’s rumored $120 billion IPO.Getty

  • 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 much less.
  • Uber’s seed round valued that company at just $3.86 million.
  • These are seven of Uber’s most surprising seed investors.

If Uber goes public as planned in 2019, nine years and billions of dollars worth of investments will be returned to investors smart enough — or lucky enough — to have made a bet on the company’s success.

But some of those investors are luckier than others.

Investors in its most recent round, a $1.25 billion Series G1 led by SoftBank, bought their shares at a $68.33 billion valuation. But it was just nine years ago that Uber raised a $1.57 million seed funding round, which valued the company at $3.86 million. 

That means investors who bought a chunk of Uber in 2010 will see much larger returns now that the company is valued by bankers at a rumored $120 billion. 

There were 32 investors in Uber’s seed funding round, which was led by First Round Capital, with participation from venture capital firms Founder Collective, Lowercase Capital, and Kapor Capital.

But that total also included dozens of individuals who made the history-altering decision to participate in Uber’s earliest raise, according to data compiled from PitchBook.

These are seven people you never knew had a stake in Uber’s planned 2019 IPO:


Uber is prepping for a 2019 IPO — at a…

7 people you never realized were early investors in Uber

Features,Uber,Uber IPO,2019 IPO,Uber Mafia,Uber investors,VC,Venture Capital,Seed Investors

7 people you never realized were early investors in Uber

2018-12-30T14:30:00+01:00

2018-12-28T22:29:12+01:00

2018-12-30T14:30:04+01:00

https://static4.businessinsider.de/image/5c26ac23dde8670e304be5ec-500-250/7-people-you-never-realized-were-early-investors-in-uber.jpg

BusinessInsiderDe



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 much less.
Uber’s seed round valued that company at just $3.86 million.
These are seven of Uber’s most surprising seed investors.

If Uber goes public as planned in 2019, nine years and billions of dollars worth of investments will be returned to investors smart enough — or lucky enough — to have made a bet on the company’s success.
But some of those investors are luckier than others.
Investors in its most recent round, a $1.25 billion Series G1 led by SoftBank, bought their shares at a $68.33 billion valuation. But it was just nine years ago that Uber raised a $1.57 million seed funding round, which valued the company at $3.86 million. 
That means investors who bought a chunk of Uber in 2010 will see much larger returns now that the company is valued by bankers at a rumored $120 billion. 
There were 32 investors in Uber’s seed funding round, which was led by First Round Capital, with participation from venture capital firms Founder Collective, Lowercase Capital, and Kapor Capital.
But that total also included dozens of individuals who made the history-altering decision to participate in Uber’s earliest raise, according to data compiled from PitchBook.
These are seven people you never knew had a stake in Uber’s planned 2019 IPO:

international

Uber is prepping for a 2019 IPO — at a…

7 people you never realized were early investors in Uber

Features,Uber,Uber IPO,2019 IPO,Uber Mafia,Uber investors,VC,Venture Capital,Seed Investors

7 people you never realized were early investors in Uber

2018-12-30T14:30:00+01:00

2018-12-30T14:30:04+01:00

https://static4.businessinsider.de/image/5c26ac23dde8670e304be5ec-500-250/7-people-you-never-realized-were-early-investors-in-uber.jpg

BusinessInsiderDe



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 much less.
Uber’s seed round valued that company at just $3.86 million.
These are seven of Uber’s most surprising seed investors.

If Uber goes public as planned in 2019, nine years and billions of dollars worth of investments will be returned to investors smart enough — or lucky enough — to have made a bet on the company’s success.
But some of those investors are luckier than others.
Investors in its most recent round, a $1.25 billion Series G1 led by SoftBank, bought their shares at a $68.33 billion valuation. But it was just nine years ago that Uber raised a $1.57 million seed funding round, which valued the company at $3.86 million. 
That means investors who bought a chunk of Uber in 2010 will see much larger returns now that the company is valued by bankers at a rumored $120 billion. 
There were 32 investors in Uber’s seed funding round, which was led by First Round Capital, with participation from venture capital firms Founder Collective, Lowercase Capital, and Kapor Capital.
But that total also included dozens of individuals who made the history-altering decision to participate in Uber’s earliest raise, according to data compiled from PitchBook.
These are seven people you never knew had a stake in Uber’s planned 2019 IPO:

international

[ad_2]

Source link

قالب وردپرس

Technology

More groups join in support of women in STEM program at Carleton

Editor

Published

on

By

OTTAWA — Major companies and government partners are lending their support to Carleton University’s newly established Women in Engineering and Information Technology Program.

The list of supporters includes Mississauga-based construction company EllisDon.

The latest to announce their support for the program also include BlackBerry QNX, CIRA (Canadian Internet Registration Authority), Ericsson, Nokia, Solace, Trend Micro, the Canadian Nuclear Safety Commission, CGI, Gastops, Leonardo DRS, Lockheed Martin Canada, Amdocs and Ross.

The program is officially set to launch this September.

It is being led by Carleton’s Faculty of Engineering and Design with the goal of establishing meaningful partnerships in support of women in STEM.  

The program will host events for women students to build relationships with industry and government partners, create mentorship opportunities, as well as establish a special fund to support allies at Carleton in meeting equity, diversity and inclusion goals.

Continue Reading

Technology

VR tech to revolutionize commercial driver training

Editor

Published

on

By

Serious Labs seems to have found a way from tragedy to triumph? The Edmonton-based firm designs and manufactures virtual reality simulators to standardize training programs for operators of heavy equipment such as aerial lifts, cranes, forklifts, and commercial trucks. These simulators enable operators to acquire and practice operational skills for the job safety and efficiency in a risk-free virtual environment so they can work more safely and efficiently.

The 2018 Humboldt bus catastrophe sent shock waves across the industry. The tragedy highlighted the need for standardized commercial driver training and testing. It also contributed to the acceleration of the federal government implementing a Mandatory Entry-Level Training (MELT) program for Class 1 & 2 drivers currently being adopted across Canada. MELT is a much more rigorous standard that promotes safety and in-depth practice for new drivers.

Enter Serious Labs. By proposing to harness the power of virtual reality (VR), Serious Labs has earned considerable funding to develop a VR commercial truck driving simulator.

The Government of Alberta has awarded $1 million, and Emissions Reduction Alberta (ERA) is contributing an additional $2 million for the simulator development. Commercial deployment is estimated to begin in 2024, with the simulator to be made available across Canada and the United States, and with the Alberta Motor Transport Association (AMTA) helping to provide simulator tests to certify that driver trainees have attained the appropriate standard. West Tech Report recently took the opportunity to chat with Serious Labs CEO, Jim Colvin, about the environmental and labour benefits of VR Driver Training, as well as the unique way that Colvin went from angel investor to CEO of the company.

Continue Reading

Technology

Next-Gen Tech Company Pops on New Cover Detection Test

Editor

Published

on

By

While the world comes out of the initial stages of the pandemic, COVID-19 will be continue to be a threat for some time to come. Companies, such as Zen Graphene, are working on ways to detect the virus and its variants and are on the forefronts of technology.

Nanotechnology firm ZEN Graphene Solutions Ltd. (TSX-Venture:ZEN) (OTCPK:ZENYF), is working to develop technology to help detect the COVID-19 virus and its variants. The firm signed an exclusive agreement with McMaster University to be the global commercializing partner for a newly developed aptamer-based, SARS-CoV-2 rapid detection technology.

This patent-pending technology uses clinical samples from patients and was funded by the Canadian Institutes of Health Research. The test is considered extremely accurate, scalable, saliva-based, affordable, and provides results in under 10 minutes.

Shares were trading up over 5% to $3.07 in early afternoon trade.

Continue Reading

Chat

Trending