Here's how much Lance Armstrong made on his early Uber investment

Credit: The Age- Published on December 8, 2018
The cyclist's prospects looked bleak when he admitted he had cheated at the Tour de France. An investment in a fund that bought into Uber became a lifeline.

Credit: Wochit Business
Published on December 6, 2018 -  00:38
Lance Armstrong Hit The Jackpot With An Early $100,000 Investment In Uber
Lance Armstrong's early investment in Uber has paid off big time. Armstrong revealed to CNBC that in 2009, he made a $100,000 investment in Chris Sacca's venture capital firm, Lowercase Capital. His investment was then mostly spent on Uber, which at the time had a valuation of $3.7 million. Today, banks estimate Uber to be worth $120 billion, as its preparing for its first IPO. Armstrong declined to say how much the investment is worth today, but called it "too good to be true."

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