Warren Buffett Nearly Made $3B Investment in Uber - Bloomberg

(Updated - May 30, 2018 4:27 PM EDT)

Warren Buffett offered Uber a $3 billion investment earlier this year but talks fell apart over terms and size of the deal, Bloomberg reported citing people familiar with the matter.

The near deal was seen as reminiscent to the investment Mr. Buffett made in Goldman Sachs during the height of the financial crisis.

Buffett proposed similar terms amid the crisis Uber was facing. Buffett would have provided his stamp of approval in return for above-market terms.

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