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Re:Uber and Waymo Reach Settlement by malandrew on Friday February 09, 2018 @12:37PM (#16342147)
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.

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