INSUBCONTINENT EXCLUSIVE:
Uber is expected to raise $10 billion later this year in one of the largest U.S
initial public offerings in history
Uber has brought in about $20 billion in a combination of debt and equity funding
Rowe Price, Fidelity, TPG Growth and many more
The venture capital firm, however, sold some of its shares to SoftBank alongside Benchmark, which itself would otherwise own shares worth
about $14 billion.Bradley Tusk, an early Uber investor who signed on to help the company surmount political and regulatory barriers in
2011, own shares said to be worth $100 million, though he too gave up 42 percent of his equity in a secondary sale to SoftBank, he recently
poised to see the most high-flying unicorn IPOs in history
Many of these companies, however, made the call to make their public markets debut before the stock market took a quick turn south
Poor performing stocks may discourage unicorns from emerging from their cozy VC-protected stalls.Uber will garner increased scrutiny from
Wall Street investors as they begin to parse out its true value
the cash spigots if it wanted to, by reducing its marketing spending both in the U.S
For now, all we can do is sit and wait for the company to relinquish its S-1 to the masses.
