How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions (Kate Clark/TechCrunch)

Kate Clark / TechCrunch:
How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions  —  How Menlo Ventures landed a stake in Uber worth billions  —  Menlo Ventures was founded in 1976 but it took 35 years for the venture capital firm to hit the jackpot.