SharesPost said it called off the proposed Uber deal. A broker of private technology stocks recently called off a proposed deal to purchase shares of Uber and package them in an investment fund. The broker, Sharespost, cited a “lack of investor interest†in the shares, which a Bloomberg article attributed partly to terms requiring shareholders to keep their stake until Uber was acquired or went public, with no visibility into the company’s operations or finances.
SharesPost said it called off the proposed Uber deal.
A broker of private technology stocks recently called off a proposed deal to purchase shares of Uber and package them in an investment fund. The broker, Sharespost, cited a “lack of investor interest†in the shares, which a Bloomberg article attributed partly to terms requiring shareholders to keep their stake until Uber was acquired or went public, with no visibility into the company’s operations or finances.