Warren Buffett has offered to invest $ 3 billion in Uber, but unfortunately that has not happened

Legendary investor Warren Buffett decided to invest in Uber, when he had little interest in technology startups. Legendary investor Warren ...

Legendary investor Warren Buffett decided to invest in Uber, when he had little interest in technology startups.
Legendary investor Warren Buffett has expressed interest in Uber and wants to invest $ 3 billion in this startup through Berkshire Hathaway. This is an unexpected move, because the billionaire has never invested in technology startups.
Unfortunately, Uber and Warren Buffett failed to reach an agreement due to disagreements over the terms and scope of the investment. Both Uber and Berkshire Hathaway have not had any comments before the Bloomberg report.


At present, Berkshire Hathaway's billionaire investor Warren Buffet is $ 160 billion in cash and does not know what to do. This money is enough to take over the entire Uber startup. In October last year, billionaire Buffet bought a 39 percent stake in Pilot Flying J and a large stake in BYD, the Chinese automaker.
Meanwhile, Uber has just received a huge investment from SoftBank and is in the restructuring phase. CEO Dara Khosrowshahi, who took over the company after the departure of its founder, Travis Kalanick, made bold decisions when selling its business in Russia and Southeast Asia.
So far, CEO Khosrowshahi's decisions have been very effective. Uber has been able to save on operating expenses and reported earnings of more than $ 2 billion in the last quarter. Bloomberg said Uber CEOs have asked billionaire Warren Buffett to reduce his stake to $ 2 billion. Maybe so that this deal was not successful.

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High Tech Brain: Warren Buffett has offered to invest $ 3 billion in Uber, but unfortunately that has not happened
Warren Buffett has offered to invest $ 3 billion in Uber, but unfortunately that has not happened
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High Tech Brain
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