You know investors seriously love your company when they start throwing billions of dollars at you. Want to know what that feels like? Just ask on-demand private company Uber, which today confirmed that it had raised a massive US$1.2-billion from a group of mutual fund managers and venture investors. The latest round of funding means that the disruptive company is now worth around US$17-billion, a fact that will likely fuel speculation that it’s well on its way to going public.
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To read the original article: A billion here, a billion there: Uber rakes in some fresh moolah | ventureburn
