Lance Armstrong is a professional road racing cyclist and an athlete from the United States as popularly known. An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist. "It's saved our family," Armstrong told CNBC's Andrew Sorkin in an interview aired on Thursday. Credit: AP The 47-year-old told CNBC on … Today, as the company prepares for its IPO, banks have valued Uber at At the time he invested in Sacca's firm, Armstrong said, "I didn't even know that he did Uber.

Lance Armstrong's career ended when he admitted in an Oprah interview that he had cheated at the Tour de France. The company was When asked if he had earned "10, 20, 30, 40 or $50m", Armstrong replied: "It's one of those. Data is a real-time snapshot *Data is delayed at least 15 minutes. Links will not be permitted. Recently, several outlets have been reporting that Lance Armstrong's early investment in Uber changed the fortunes of his family and made him a billionaire. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. "Whether or not I would do it all over again - what I would rather do is go back and win seven in a row against everybody else that's drinking water and eating bread," he said. © 2020 Thomson/Reuters. The official website of Lance Armstrong. Keep discussions on topic, avoid personal attacks and threats of any kind. Lance Armstrong heeft tien jaar geleden fors in taxi-service Uber geïnvesteerd.

... Uber Investment to the rescue.

In 2009, the former pro cyclist invested $100,000 in Chris Sacca's nascent venture capital firm, Lowercase Capital.

"Most people have enough history and knowledge to know everybody did it [doping]," he said. Former cycling champion Lance Armstrong, whose fall from grace cost him millions of dollars in lawsuits and endorsements, said his investment in Uber Technologies Inc. had saved his family, according to a CNBC report. In the fall of 2012, CNBC reported that the cyclist lost eight sponsors in a single day; Forbes estimated that he would lose more than $150 million in future earnings.

After Lance Armstrong's fall from grace cost him millions of dollars in lost endorsements and lawsuit settlements, one thing kept him on his feet: his investment in Uber. Lance Armstrong says an early investment in Uber has "saved" his family after paying out $111m (£86.8m) in legal fees and settlements. Lance Armstrong’s prospects looked bleak when he admitted to Oprah Winfrey in 2013 that he cheated to win his Tour de France titles, putting the brakes on a … Watch as former champion John Higgins makes the first maximum 147 break at the World Championship since 2012.Road, track, BMX, mountain and many more - there are so many ways and reasons to start cycling.Got a big cycling race coming up? "Even if I did all that [doping] but I was a gentleman and I had class and dignity and treated people with respect, they would've let me off. Bankers have told the San Francisco-based company that it could be worth $120 billion on the public markets, people familiar with the matter have previously said.The Lowercase fund has returned between 250 times and 300 times, according to a person familiar with its performance. He is also a public speaker and author. "When asked by the interviewer if he had made "10, 20, 30, 40 or $50 million," Armstrong replied: "It's one of those. I insist that it was the way I acted that was my undoing."

At the peak of his career, Lance… Lance Armstrong net worth: Lance Armstrong is an American professional cyclist, author and public speaker who has a net worth of $50 million.

But an early investment in Uber was a lifeline. The 47-year-old told His $100,000 investment has made him about $20 million, according to calculations by Bloomberg.Armstrong in 2009 invested $100,000 in Chris Sacca’s newly started Lowercase Capital, CNBC reported. An Uber spokesman declined to comment.Armstrong, who set records by winning the Tour de France each year from 1999 to 2005, was stripped of the titles in August 2012. Normal text size Larger text size Very large text size.

Lance Armstrong did … “I didn’t even know that he did Uber. Lance Armstrong's early investment of $100,000 in Uber has multiplied in value. "That isn't the issue for people - the issue is how aggressively I defended myself, being litigious, going after people.

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