Uber is an American multinational online transportation network company headquartered in San Francisco, California. It was founded as “UberCab” by Travis Kalanick and Garrett Camp in 2009 and the app was released the following June.
In 2012 the company received investment from from Menlo Ventures, Benchmark Capital and Goldman Sachs.
Last year, Google Ventures Fund has acquired 7% stake in the company for 258 million dollars, and the total cost of Uber is estimated at 3.5 billion dollars. The founder of Google – Larry Page who was involved in the purchase in person.
This year’s revenue may reach to $ 200 million. For example, world-famous Twitter, valued at $ 25 billion, has brought a profit of 317 million.
Such serious financial performance and prospects can make IPO truly triumphant.
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