16 Jan 2019 Lance Armstrong revealed last month that an early investment in Uber — courtesy of a $100,000 check that he funneled into the company in 

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2018-12-08 · An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist.

When Uber is currently worth more than $120 billion, which tells you, his investment was worth every penny. Lance declared in 2018 that his investment with Uber saved his family’s financial status. At the time he was making the investment, he was not even sure what Uber was all about or what it involved. He made the investment through Chris Sacca venture capital firm where he thought he was simply buying Twitter shares. Little did he know that this would be his financial redemption later in his As of 2021, Lance Armstrong’s net worth is $50 million.

Lance armstrong uber shares worth

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That could make Armstrong’s shares worth more than $3 billion, Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that An investment in Uber “saved” Lance Armstrong and his family Unsurprisingly, Lance Armstong’s dramatic fall from grace affected his financial fortunes. In the fall of 2012, CNBC reported that the cyclist lost eight sponsors in a single day; Forbes estimated that he would lose more than $150 million in future earnings. 2020-05-25 · According to reports from Celebrity Net Worth, the Lance Armstrong net worth is an estimated $50 million. At the peak of his career, the Lance Armstrong net worth was reportedly around $125 million, as the former road racing cyclist earned over $20 million a year from endorsements and prize money. 2020-05-24 · Armstrong estimated that his settlements, trials, and loss of income cost him nearly $111 million.

I didn’t even know that he did Uber. I thought he was buying up a bunch of Twitter shares from employees or former employees and the biggest investment in Lowercase fund one was Uber.” When it was put to him his share must now be worth “10, 20, 30, 40, 50 million”, Armstrong replied “one of …

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Armstrong claimed that he lost $111 million on collective legal fees, settlements and lost income but that a wise early investment in Uber "saved his family." Related Articles Lance Armstrong

Lance armstrong uber shares worth

09:35, 7 DEC 2018. Sport. Lance Armstrong made the decision in 2009 (Image: Getty) aware that he was investing in Uber, which at the time was worth $3.7 million, when he ga 1 Feb 2021 Deal would give private jet charter start-up an enterprise value of $2.1bn. Serena Williams and Lance Armstrong plans to go public via a merger with a head of the Asian division of a private equity firm co-founded b 7 Dec 2018 Lance Armstrong faced a certain insolvency for the legal costs of the $100 Armstrong Uber Investment,Lance Armstrong,top cycling legend in the of Twitter shares from employees or former employees, and the biggest ..

In addition to doing business, he owns shares in the Trek Bicycle  13 Oct 2017 Author of 5 #1 NYT/WSJ bestsellers, investor (FB, Uber, Twitter, 50+ more: http:// angel.co/tim ), host of The Tim Ferriss Show Copy it to easily share with friends. The Lance Armstrong scandal breadth, depth, and d 5 Sep 2019 Cyclist Lance Armstrong netted about $20 million off a $100,000 private investment in Uber. By the time Uber IPO'd it was worth $82 billion! Uber shares plunged 7% on their first day of trading, and they've yet Armstrong declined to say how much the investment is worth today, but called it Lance Armstrong hit the jackpot with an early $100,000 investment in Uber. Share.
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Lance armstrong uber shares worth

In an interview with CNBC on Thursday, Armstrong revealed that in 2009, he made a $100,000 investment in Chris Sacca's venture Lance Armstrong hit the jackpot with an early $100,000 investment in Uber.Lance Armstrong made a $100,000 investment in Uber when the company was worth $3.7 million. The company is now estimated to be worth $120 billion. 2018-12-07 · Today, as the company prepares for its IPO, banks have valued it as high as $120 billion. That could make Armstrong’s shares worth more than $3 billion, but he declined to reveal the exact figure, 2018-12-07 · Lance Armstrong was in a dark place after his lifetime ban for doping The $100,000 share he bought in Uber when it was worth $3.7 million in 2009 would now would be worth US$3.24 billion Here's how much Lance Armstrong made on an early Uber investment. Share this article: That means Armstrong’s investment would be worth as much as $30 million at the top of that range.

In 2018, Lance explained that his investment in Uber had helped his family tremendously. Unfortunately, as he lost his fame and reputation, he also lost his money.
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2019-05-10 · For taking Uber public and leading its turnaround over the last two years, he has 196,000 shares in the company, mostly made up of options and restricted stock units that vest at the end of May.

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