PayPal invests 500 million in Uber

everythingsuber

Well-Known Member
It does say at 47 dollars a share in the article but elsewhere saying at price shares settle at on listing.
PayPal currently 110.65 on the NASDAQ.

 

No Prisoners

Well-Known Member
PayPal has a deep interest on uber as it provides uber's payment services in large scale. PayPal almost has no choice.

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Nevertheless, terms of the deal not available. Could probably not be binding in specific amount or have many caveats. Its a way to artificially prop up IPO. Any wise investor would want to see terms.
 
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everythingsuber

Well-Known Member
A "name" investor is obviously put out there for a reason. Uber does need the PR. Might look to short PayPal just before Uber release financials each quarter? 500 million isn't the kind of exposure PayPal shareholders are going to be impressed with long-term. Does depend on terms and conditions. Could be they flip shares very quickly if the opportunity arises?
 
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