Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

Uber’s Biggest IPO Winners

In the decade since its founding, Uber has raised $14 billion in equity funding, one of the biggest sums in private tech history. And Uber's investors are likely to see equally history-making returns from its IPO.

Uber is expected to go public next week at a valuation of more than $80 billion. The biggest winners include some investors well known to have scored big gains, such as Benchmark, which stands to make around $7.9 billion on a $30 million investment. Menlo Ventures invested around $67 million for a stake now worth around $3 billion, including an earlier sale of shares. Then there are early investors whose winnings aren’t as well known. They include Founder Collective, which turned its $100,000 investment in 2010 into $300 million, and First Round Capital, whose $1.5 million investment from 2010-11 became a stake worth $2.6 billion.

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