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The Uber IPO
Acquired
Is the Series B the One With the Crazy Last Minute Change?
Andriesen Horowitz was going to lead the series B. Travis wanted Andriesen to do it at a roughly $300 million valuation. But after that, Andriesen Horowitz decided to lower the offer into evaluation in the low $200 million and also wanted to include a much larger option pool in the company. This is I would say the the apex of the original Uber. They're raising unprecedented venture rounds. They're global. They're on the path to world domination. So they could go public at this point by the old set of rules.
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