SoftBank said to be trying to buy a big stake in Uber at a discount

Re:SoftBank said to be trying to buy a big stake in Uber at ... by jonmc12 on Monday November 27, 2017 @09:34PM (#15793806)

Interpreting article, I think SB investment would be $6.72B (14% of $48B) plus $1B at $69B valuation. $7.72B total.

btw, $2.94B = $6.72B * (69/48) - $6.72B --> I believe thats SB's nominal gain on paper the minute the deal closes.

[ Parent | on HN ]

Re:SoftBank said to be trying to buy a big stake in Uber at ... by aaavl2821 on Tuesday November 28, 2017 @12:30AM (#15794681)

Thanks, that's a good catch. nice "built in" gains

[ Parent | on HN ]