Berkshire’s offer came after SoftBank invested in Uber, though the parties could not agree on the terms of the offer.
“I don’t think we necessarily fit in with the typical Warren Buffett investment. Maybe we can be a different kind of an investment, a portfolio diversification play for him,” Uber CEO Dara Khosrowshahi told CNBC.
Mr. Buffett expressed admiration for Mr. Khosrowshahi even though the two could not agree on terms for an investment.
“I’m a great admirer of Dara,” Mr. Buffett said, according to CNBC. “Some of the reported details are not correct, but it’s true that Berkshire had discussions with Uber.”
More articles on business:
Starbucks lost $12M by closing stores for anti-bias training
Scottish hospital begins treating patients for cryptocurrency addiction
Panera, Krispy Kreme owner to acquire Pret A Manger, give 12K employees $1,300 bonuses
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.