Universal Music received $107k worth of Uber shares in the seed round in exchange for the domain name it owned from a previous investment. They sold their shares in the Series A round the following year for $863k. Those shares were worth $532M at IPO.https://on.wsj.com/2JBgtZQ
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Questionable story. Uber’s stock price has not gone up since 2015 (valuation slightly up, but dilution). Also, does anyone pay $6 mil for a private concert?
The source seems to be CNBC: https://www.insideedition.com/how-beyonce-leo-dicaprio-are-getting-even-richer-uber-52845 … It states "could be worth $50 million+" against a standard party fee of $6 mill, & doesn't give a date for the party. I wouldn't take those numbers too seriously, but it's interesting to think about why it was likely a good bet
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