Lance Armstrong’s prospects looked bleak when he admitted to Oprah Winfrey in 2013 that he cheated to win his Tour de France titles, putting the brakes on a career that made him more than $200 million and deepening his legal troubles.
An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist. The 47-year-old told CNBC on Thursday that the investment had been “too good to be true,” and “saved our family.”
The reality is more peloton than breakaway.
His $100,000 investment has made him about $20 million, according to calculations

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