[calafrax]

"Benchmark's investment of $27M is worth $8.4 billion today"

"We have investors ready to acquire these shares"

So they have 8.4 billion in new funding lined up? Somehow I doubt it.

[HNNoLikey]

This wouldn't be so much new funding as it would be swapping equity holders. It would be a great investment if Uber keeps growing and one day exits. And Uber will grow - I don't think they've even scratched the surface since logistics is still wide open, among other things. It could very easily be another Amazon-esque juggernaut 10-15X current value.

[calafrax]

the statue of liberty would be a great investment if the government was planning to tear it down and sell it for scrap and you could buy it cheap before the word got out.