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Home / Business / Olivia Munn invested early in 2011 in Uber and was criticized

Olivia Munn invested early in 2011 in Uber and was criticized



Hollywood star Olivia Munn – famous for her appearances in The Daily Show and The Newsroom, as well as films such as X-Men: Apocalypse and Magic Mike, made a smart investment in Uber in 2011, revealing the actress in a tweet on friday.

But her tweet, which knocked Uber and himself on his back on his trading day, rubbed many people in the wrong direction, as the scorching answers prove. She cleared the tweet later on Friday after the backlash.

"In 2011, I invested in UBER when there were only about 7,000 cars in a few cities and 1.8 million net revenue," Munn wrote in the now-deleted tweet . "Seeing how much it has grown has been truly remarkable, and it's exciting to see all the places where @Us going to lead in the future."

"We Understand It, You Are Rich" Answered One Person . Several people called the tweet "deaf".

"One should really learn about the hostile work environment, the dodgy business practices, and the fact that one of their key innovations is to take on a traditional middle-class job and turn it into poverty wages," another person replied . On Wednesday, Uber and Lyft riders (who went public at the start of the year) took part in protests and strikes demanding higher wages, Graham Rapier of Business Insider reported.

Similarly, a commentator responded to Munn's reference that Uber had 7,000 vehicles in 2011: "Uber has no cars – they all belong to the drivers!"

Others were stunned when Munn posted a picture of the Fearless Girl statue in front of a Uber banner: [19455912]

"They are abusing the message of this statue." wrote one person . Throughout its existence, Uber has been the subject of at least 49 scandals recorded by Business Insider Kate Taylor and Benjamin Goggin. Among them were several allegations of sexual harassment.

While some of those who responded to Munn's tweet seemed supportive – one tweeted for example, "No more DUI's !," – the vast majority responded negatively.

Yet there can be no doubt that Munn's investment was financially prudent. In 2011 Uber had a value of 60 million US dollars. Uber debuted as a public company with an initial market capitalization of $ 75.5 billion (though it has since declined somewhat).


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