Lance Armstrong's early investment in Uber has paid off big time.

Armstrong revealed to CNBC that in 2009, he made a $100,000 investment in Chris Sacca's venture capital firm, Lowercase Capital. His investment was then mostly spent on Uber, which at the time had a valuation of $3.7 million.

Today, banks estimate Uber to be worth $120 billion, as its preparing for its first IPO.

Armstrong declined to say how much the investment is worth today, but called it "too good to be true."

https://www.businessinsider.com/lance-armstrong-uber-investment-jackpot-...

Advertisement
Code: Travel6. It is required to enter a promotional code. The promotion applies to a certain group of goods. The promotion is available to all shop customers. The promotion is available without any restrictions on the amount of the order.

More videos