thehog
BANNED
Re: Re:
Exactly - Fanning (Napster founder) made $125m from his original $25k investment. I’d say Armstrong made $100m+ in holdings.
Thus in theory Armstrong’s ‘loan’ from SCA has made him beyond wealthy.
Norks74 said:StyrbjornSterki said:...or maybe not.thehog said:ebandit said:poor lance....what bollox....he got nothing more than he deserved....sanction loss of results/contracts
and he was not the only one team doctors.bruyneel ,,,,,,,,,,,,,,,,,,,,,,
Well he was an early investor in Uber which is about to go IPO which should make him more money than he ever did as a cyclist. I say he came out alright.
Uber's IPO joins ranks of Wall Street flops
Uber plunged at the opening of trading, falling as much as 8.8% from its IPO price of $45 per share. The stock closed at $41.57
Uber's IPO got caught in a perfect storm
In all, Uber lost nearly $6 billion in market cap in its first five hours as a public company.
Whether Uber 'flopped' on IPO misses the point. We need to know how many shares Lance has for his $100k (and on what terms..) before you can even start to calculate how much his holding is worth...
I'll contend that he has done more than very well should he have sold his entire holding on IPO day.
Exactly - Fanning (Napster founder) made $125m from his original $25k investment. I’d say Armstrong made $100m+ in holdings.
Thus in theory Armstrong’s ‘loan’ from SCA has made him beyond wealthy.