1. Menlo, Benchmark, First Round sold Uber stakes worth hundreds of millions

    Menlo, Benchmark, First Round sold Uber stakes worth hundreds of millions

    Uber finally got its secondary transaction done with SoftBank buying billions of shares last month. Now we’re learning more about who sold what. It was already known that major shareholder Menlo Ventures was looking to sell shares, but we’re  hearing confirmation that it wagered the majority of its holdings and successfully sold close to half of its stake, which the…

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