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Posts Tagged ‘Mutual funds’

Uber snags $1.2 billion in new funding; seen valued at $18 billion

07
Jun
2014

By Sarah McBride SAN FRANCISCO (Reuters) – Uber Inc has raised $1.2 billion from mutual funds and other investors in a funding round valuing the fast-growing rides-on-demand service at $18.2 billion, one of the highest valuations ever for a Silicon Valley startup. Uber Chief Executive Officer Travis Kalanick announced the funding round on Ubers blog […]

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T. Rowe, Morgan Stanley funds sitting on whopper Twitter gains

07
Nov
2013

By Tim McLaughlin and Ross Kerber BOSTON (Reuters) – Mutual funds run by T. Rowe Price Group Inc and Morgan Stanley are poised to send one sweet tweet. These early investors in Twitter Inc will reap exponential gains as the microblogging site goes public, while latecomers struggle for share allocations. T. Rowes New Horizons and […]

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