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A comment on Benchmark Capital Sues Travis Kalanick for Fraud. Parent comment

Re:Benchmark Capital Sues Travis Kalanick for Fraud by chrisseaton on Thursday August 10, 2017 @08:11PM (#14985562)
> Benchmark's stake in Uber is worth $9.1b -- many, many times the size of their fund.

I don't get it - their stake in Uber is part of their fund isn't it? So how can it be worth more than the whole fund?

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Re:Benchmark Capital Sues Travis Kalanick for Fraud by tedmiston on Thursday August 10, 2017 @09:04PM (#14985839)
For example, if their fund is $1B and they put $250M in Uber, then Uber's valuation goes 10x, so their portion is now worth $2.5B, more than the fund started with. (Numbers made up for example.)
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Re:Benchmark Capital Sues Travis Kalanick for Fraud by jon_richards on Thursday August 10, 2017 @08:19PM (#14985611)
I'm guessing funds are usually measured by invested capital, rather than how much they are currently worth.
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