Re:Uber and Waymo Reach Settlement
by theptip on Friday February 09, 2018 @12:12PM
(#16341924)
That's a stale valuation, Uber's latest round was significantly down from that. The Softbank tender valued Uber at $48B, so a more up-to-date estimate would be:
[ Parent
| on HN ]
On my mobile device this amusingly read as “= $0.” before I realized I needed to scroll to the right.
Who knows, perhaps that may end up being the most accurate value..
A tender offer is not a round. Most tender offers for stock (common or preferred) in illiquid companies are at a discount to new preferred stock from the most recent round.
This happened with multiple other companies like Facebook and AirBnB, so I don't see why in the case of Uber that anyone who is informed can conclude that it was a down round.
They aren't directly comparable given the difference between common and preferred shares.
Re:Uber and Waymo Reach Settlement
by fbdjskajxb on Friday February 09, 2018 @12:52PM
(#16342284)
Do we know if Uber is getting preferred or common shares in the settlement?
Re:Uber and Waymo Reach Settlement
by fbdjskajxb on Friday February 09, 2018 @03:19PM
(#16343516)
s/Uber/Google