You can buy Uber in $38...Ticket size: $25000
Elite Crowdfunder, a platform that offers exclusive Pre-IPO deal flow, is offering an opportunity for investors to buy shares of privately-held Uber for $38 per share. Here's what they say on their website:
Elite Crowdfunder is pleased to announce that we are now able to offer access to a reputable fund exclusively set up to acquire shares in Uber. The price is $38 per share, which is roughly the same valuation that Microsoft invested over $100 million into Uber in summer 2015. Locating viable vehicles that are able to acquire shares in Uber via the secondary market, prior to the company going public, is rare.
The CEO of Elite Crowdfunder explains the rationale and the business model:
I came across this news and found it interesting and hence, I am sharing. I have no connection with the Elite Crowdfunder or Uber. I am sharing it more to indicate a new trend in space of Private equity and pre-IPO and how crowdfunding can disrupt the traditional model.