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A comment on How Goldman Sachs Became a Tech-Investing Powerhouse.

Re:How Goldman Sachs Became a Tech-Investing Powerhouse by mcintyre1994 on Tuesday July 28, 2015 @02:05PM (#9963384)
Can anyone explain what's going on in that chart at the Uber b round [0]? It states their valuation at 50m and says Goldman invested 37m - how would that ever happen? Also Angellist says that round was 32m and Goldman were 1 of 4 parties in it. [1]

[0] http://assets.bwbx.io/images/irAfvE0DI.rE/v1/488x-1.jpg [1] https://angel.co/uber

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Re:How Goldman Sachs Became a Tech-Investing Powerhouse by mikeyouse on Tuesday July 28, 2015 @02:26PM (#9963535)
Travis confirmed that the Series B was a $37M raise, you're right to be confused about the valuation in that chart though. Fortune reported recently that the post-value from that round was $330M.

http://fortune.com/2014/06/06/these-are-the-venture-firms-ce...

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Re:How Goldman Sachs Became a Tech-Investing Powerhouse by calpaterson on Wednesday July 29, 2015 @02:38AM (#9966719)
The article mentions that some of the deals GS has done with Uber have been a mixture of equity and debt
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Re:How Goldman Sachs Became a Tech-Investing Powerhouse by foobarqux on Tuesday July 28, 2015 @02:12PM (#9963438)
It could be debt.
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Re:How Goldman Sachs Became a Tech-Investing Powerhouse by mcintyre1994 on Tuesday July 28, 2015 @02:21PM (#9963501)
I really don't know much about these things so you might well be right - but it's labelled an equity deal and they explicitly point out that the series e was debt.

Also would it be typical to do 30m+in debt for a 50m company (typical is probably the wrong word given Ubers trajectory)?

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