Fifteen years ago, Uber launched. Today, it’s worth $150B. 📈
But it almost didn't happen.
In 2010, Travis Kalanick and Garrett Camp struggled to raise funds for their ride-hailing idea. They aimed to secure $1.25 million in their seed round—a $10,000 investment back then would now be worth millions.
Not everyone believed in them.
- Mark Cuban passed.
- Gary Vaynerchuk turned them down twice.
A few Angels took the leap, and thank God they did. (see photo).
When Uber went public in 2019 at an $80 billion valuation, their stakes turned into life-changing returns.
This is the reality of startup investing when it works. High risk, high reward.
Uber will forever be remembered as one of the most lucrative venture capital investments of all time.
#startups #venturecapital #investing
But it almost didn't happen.
In 2010, Travis Kalanick and Garrett Camp struggled to raise funds for their ride-hailing idea. They aimed to secure $1.25 million in their seed round—a $10,000 investment back then would now be worth millions.
Not everyone believed in them.
- Mark Cuban passed.
- Gary Vaynerchuk turned them down twice.
A few Angels took the leap, and thank God they did. (see photo).
When Uber went public in 2019 at an $80 billion valuation, their stakes turned into life-changing returns.
This is the reality of startup investing when it works. High risk, high reward.
Uber will forever be remembered as one of the most lucrative venture capital investments of all time.
#startups #venturecapital #investing