SoftBank’s Plan B: Win over Uber investors who aren't Benchmark

SoftBank’s Plan B: Win over Uber investors who aren't Benchmark

7 years ago
Anonymous $Gu9VYqcl-R

https://www.cnbc.com/2017/08/12/softbanks-plan-b-win-over-uber-investors-who-arent-benchmark.html

SoftBank has begun approaching other investors besides Benchmark in a continuing effort to acquire a piece of Uber, according to people briefed on the moves.

As has been widely reported, the giant Japan-based investor and conglomerate has offered to buy shares in the car-hailing company owned by the Silicon Valley venture firm, but has been unsuccessful so far due to differences on price. (SoftBank had offered to buy shares at a $45 billion valuation for Uber, said sources, while Benchmark has publicly stated that they believe Uber will be worth $100 billion.)