LANCE’S CASH IN­JEC­TION

Herald Sun - - NEWS -

DIS­GRACED cy­cling star Lance Armstrong has re­vealed an early in­vest­ment in taxi app Uber saved his fam­ily from fi­nan­cial ruin.

The fa­ther of five, who was ex­posed as a drugs cheat and stripped of his Tour de France ti­tles, said he in­vested about $135,000 in the com­pany in 2009 through a ven­ture cap­i­tal fund.

At the time, Uber was val­ued at $5 mil­lion, but it is now thought to be worth as much as $165 bil­lion.

Armstrong, 47, said the cash he made from Uber kept him on his feet af­ter his dop­ing scan­dal.

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