Rideshare app Uber is putting the finishing touches on what's expected to be among the biggest initial public offerings of all time. That's pretty good news for anybody with a sizable stake in the company. Even though the documents filed by Uber in preparation for going public don't show finer details like stock price, the biggest current shareholders in the company are now a matter of public record.
As Uber gears up for this monumental event, many are curious about who stands to gain the most from its public listing. The individuals and investment entities involved will see significant returns when the company officially goes public later this year. Let's take a closer look at the major stakeholders in Uber and what their stakes mean for the company's future.
The largest shareholder in Uber is not an individual but rather the SoftBank Vision Fund, which has purchased a substantial 16 percent stake in the company. This investment was made at around $33 a share and is poised to be a strategic move if everything goes according to plan. Other notable shareholders include Benchmark Capital, Travis Kalanick, and Garrett Camp, each holding millions of shares that will likely appreciate in value after the IPO.
What You Will Learn
- The key shareholders in Uber and their respective shareholdings.
- The significance of Uber's IPO in the tech industry.
- Potential implications for investors and the overall market.
- Insights into the future of Uber post-IPO.
Uber is on the brink of a significant financial milestone, and understanding who the major players are can provide valuable insights for potential investors. The upcoming IPO not only represents a chance for Uber's shareholders to cash in but also sets the stage for how the public perceives the rideshare giant in the longer term.
Shareholder | Shares Owned | Percentage Stake |
---|---|---|
SoftBank Vision Fund | 222.2 Million Shares | 16% |
Benchmark Capital | 150 Million Shares | 11% |
Travis Kalanick | 117.5 Million Shares | 8.4% |
Garrett Camp | 82 Million Shares | 6% |
Saudi Arabia Public Investment Fund | 73 Million Shares | 5.4% |
Ryan Graves | 33.2 Million Shares | 2.5% |
Thuan Pham | 5.4 Million Shares | 0.4% |
Dara Khosrowshahi | 196,000 Shares | 0.01% |
As we await the IPO, it's crucial to keep an eye on the market trends and how these key shareholders will influence Uber's trajectory. With a total of 162 investors in the mix, the potential for growth is substantial, and many are hopeful for a lucrative return on their investments once Uber makes its public debut.
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