>Uber is advancing on an investment from SoftBank Group Corp. and others of as much as $12 billion, most of which would allow existing shareholders to cash out.
These two events don't seem unrelated, there appears to be a big shuffle-up going on. GV must be one of the shareholders looking to cash out of Uber.
Google ventures was part of a 258 million dollar investment round in Uber in 2013, and it's anybody's guess as to what that's worth today with the complexities of Uber finances.
Alphabet subsidiary Waymo announced a partnership with Lyft in May, though the particulars of that partnership were vague.
These two events don't seem unrelated, there appears to be a big shuffle-up going on. GV must be one of the shareholders looking to cash out of Uber.
Google ventures was part of a 258 million dollar investment round in Uber in 2013, and it's anybody's guess as to what that's worth today with the complexities of Uber finances.
Alphabet subsidiary Waymo announced a partnership with Lyft in May, though the particulars of that partnership were vague.