Question

QUESTION 3 UBER has not yet relied on debt to finance its operations. Management has decided that the use of debt must wait until the company is rated at least BBB by Standard & Poors O True ○ False QUESTION 4 If a 1X liquidation preference is included in the term sheet the venture Capitalist will never be able to realize a gain on its investment but will be protected from a loss. D True False QUESTIONS Google has an agreement with UBER to provide mapping services. Google is not permitted to offer mapping services to LYFT. It is an exclusive agreement. This places LYFT at a serve disadvantage True O False

Answer 1

3. False: Uber has been debt financed in the current years.

4. False: 1x liquidation preference for the venture capitalist means that when the company liquidates the investor will get at least the amount invested by them, if the company is sold at higher value than the investment, but if the selling amount is less than the investment, the investor will get the entire selling amount, thus not covering them from loss.

5. False: Google maps can be accessed by anyone and even Lyft users. UBER does pay extra amount to use those apps intensively but Google is not restricted to provide its mapping services to Lyft.