https://www.recode.net/2017/8/7/16110020/benchmark-softbank-...
https://www.cnbc.com/2017/07/31/softbank-talks-to-invest-in-...
It depends, would that equity be offered through an ICO? If so, shut up and take my money.
How awesome would it be to go from the taxi medallion system to an Uber token system.
1. Tech community initially embraced Uber, drank the cool aid and echoed: better service, disruption of existing industry highlighting the NY medallion system as the worst example of a taxi monopoly stifling innovation.
2. Uber lost its appeal with stories of their disgusting corporate culture and cut throat/intimidation practices at best and outright illegal practices at worst, just as block chain and smart contracts are hailed as a decentralized solution to the "sharing economy" for things just like Uber. The tech community fell in love all over again, despite the obvious problems and unrealistic expectations of smart contracts.
3. When a blockchain Uber competitor/replacement does come around, it is going to be token based and idiotically the tech community will fall in love all over again, no recognizing the irony of replacing a taxi medallion with a expensive token.
Now Uber claims to have other investors ready, willing to buy back over $6B of that stock. If that were the case, then wouldn't Benchmark have already divested?
Who is willing to invest $6B into Uber when it has no CEO and such an astronomical valuation?