Monday, September 9, 2013

Uber Filing in Delaware Shows TPG Investment at $3.5 Billion Valuation; Google Ventures Also In

Uber Filing in Delaware Shows TPG Investment at $3.5 Billion Valuation; Google Ventures Also In

According to a Delaware filing by Uber Technologies, it has sold stock in the fast-growing privately held transportation service to private equity giant TPG. In addition, according to sources who have seen other stock documents, Uber has also taken a major investment from Google Ventures.
The overall valuation for the San Francisco company, according to the document — filed on August 1 — and also sources, is $3.5 billion.

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