You Can Buy Uber For $38 Per Share Right Now

Elite Crowdfunder is offering an opportunity for investors to buy shares of privately-held Uber for $38 per share. According to Elite Crowdfunder, the $38 share price is similar to the price at which Microsoft Corporation MSFT took a $100 million stake in Uber back in summer 2015.

“Locating viable vehicles that are able to acquire shares in Uber vie the secondary market, prior to the company going public, is rare,” the fundraising site says.

Related Link: El-Erian: Chinese Concerns 'Legitimate,' Market Reaction 'Excessive'

Equity Crowdfunder currently has less than $1 million in Uber shares left, and interested investors can take a stake for a minimum $25,000 investment in the next three days. Elite Crowdfunder’s Uber page indicates that 12 investors have already purchased a combined $625,000 of the $1 million in Uber shares available.

Uber’s growth has been staggering in recent years as it has majorly disrupted the traditional taxi business. Just this year, Uber announced that it is launching a new meal delivery service in select U.S. cities as well.

Uber has already raised more than $8.2 billion in funding. The company’s latest fundraising push in December 2015 puts the total valuation of the company at about $62.5 billion. Uber reportedly generated $46.7 million in revenue in the first half of 2015.

Disclosure: the author holds no position in the stocks mentioned.