Lance Armstrong says he "wouldn't change a thing" about the doping that helped him win and then saw him stripped of seven Tour de France titles.

2020-05-25 · The Lance Armstrong net worth was boosted due to a $100,000 Uber investment the disgraced cycling great made in 2009. Armstrong's Uber investment is currently valued at $30 million, according to reports. ALSO READ: Froome Relishing 'new Challenge' In Virtual Cycling Race. Lance Armstrong documentary: Lance Armstrong doping

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The 47-year-old told CNBC on Thursday that the investment had been “too good to be true,” and “saved our family.” The interview sparked reports that Armstrong could be sitting on a 10-figure stake in the That even goes for Lance Armstrong. After talking with Chris Sacca, who started the venture capital firm LOWERCASE Capital, Armstrong decided to invest. He told CNBC he didn’t know what Sacca was buying, but it turned out to be Uber. Armstrong’s $100,000 investment has turned into somewhere between $20 million and $30 million. Armstrong claimed that he lost $111 million on collective legal fees, settlements and lost income but that a wise early investment in Uber "saved his family." Related Articles Lance Armstrong Disgraced and losing money from lawsuits and dropped endorsements, he might’ve been a financial wreck had he not invested in Uber in its earliest days. According to Armstrong, he invested $100,000 in Uber when the company was worth $3.7 million. As of 2018, this investment may be worth as much as $20 million.

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Interestingly, most of his wealth was not made by endorsements, winnings, etc-- it was made on a $100k stake he bought in Uber when it was valued at $3.7 million. It was valued as high as 150 billion at one pont, though it's dropped to $60 billion now (Covid cab companies aren't exactly thriving).

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With both expected to go public in 2019, this article looks at Lyft vs Uber and investors such as Beyoncé, Jay-Z, Ashton Kutcher, and Lance Armstrong. In theory, this would dilute Uber's stake to just over 20%, leaving it wort

It was valued as high as 150 billion at one pont, though it's dropped to $60 billion now (Covid cab companies aren't exactly thriving). Lance Armstrong on escaping a $100 million lawsuit and Uber 19 Hours Ago | 04:11 After Lance Armstrong’s fall from grace cost him millions of dollars in lost endorsements and lawsuit settlements, one thing kept him on his feet: his investment in Uber. “It’s saved our family,” Armstrong told CNBC’s Andrew Sorkin in an interview aired on Thursday. In 2009, the former pro cyclist Uber had at least three other huge raises between 2015 and 2018. At each raise her stake would be diluted somewhat. And secondly, if her shares are worth $9m today, that's before taxes. Lance Armstrong looks back on his cycling career and discusses how he's trying to move on from one of the biggest scandals in sports history.

The reality is more peloton than breakaway. His $100,000 investment has made him about $20 million, according to calculations by Bloomberg.
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His $100,000 investment has made him about $20 An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist. The interview sparked reports that Armstrong could be sitting on a 10-figure stake in the startup. The reality is more peloton than breakaway. His $100,000 investment has made him about $20 million, according to calculations by Bloomberg. Armstrong in 2009 invested $100,000 in Chris Sacca’s newly started Lowercase Capital, CNBC reported.

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2018-12-07

2012-08-22 2019-05-08 Here's how much Lance Armstrong made on early Uber investment.