Two Executives to Leave Uber, Adding to Departures

Re:Two Executives to Leave Uber, Adding to Departures by samfisher83 on Monday March 20, 2017 @11:47AM (#13915140)

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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Re:Two Executives to Leave Uber, Adding to Departures by alistproducer2 on Monday March 20, 2017 @12:23PM (#13915422)

Interesting point. Cheeky counter point: Google having done the research knows better than most that Uber's future profitability dependence on autonomous vehicles is doomed and is trying to recoup it's $250 million while Uber's still flush with other VC's money.

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Re:Two Executives to Leave Uber, Adding to Departures by Tepix on Monday March 20, 2017 @11:53AM (#13915194)

I think they have more to gain here by winning the lawsuit even if they have to write off their $250mil investment.

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