Mark Cuban passed on an early Uber investment—his $250,000 would be worth $2.3 billion today: ‘Whoops'

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Mark Cuban’s net worth is estimated at more than $5 billion. It could have been even higher, if he hadn’t passed on investing in Uber in 2009, he said.

Christian Petersen | Getty Images Sport | Getty Images

Even billionaires kick themselves for passing on investment opportunities that turned out to be incredibly lucrative. In Mark Cuban's case, he regrets not investing in Uber. He was offered the chance to invest at a $10 million valuation by Uber co-founder Travis Kalanick in 2009, and turned it down — because he thought the ridesharing company wasn't worth that much, he said on a recent episode of comedian Kevin Hart's Peacock talk show""Just think: If I would've given him $250,000 on a [$10 million] valuation, it'd be billions," Cuban said.

Specifically, given Uber's market capitalization of $90.1 billion as of Friday, Cuban's $250,000 would be worth $2.25 billion today."I mean, I've done OK. But, still," said Cuban, whose net worth is currentlyFeeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 545. in BE

Belgique Dernières Nouvelles, Belgique Actualités