Legendary investor, philantrophist and CEO of Berkshire Hathaway Warren Buffet reportedly offered to invest $3 billion in Uber, but talks between the two sides reportedly collapsed.

The offer, which came earlier this year, was scrapped because the Berkshire Hathaway CEO and Uber couldn’t agree on the terms and size of the deal,

“I’m a great admirer of [Uber CEO Dara Khosrowshahi],” Buffett said. “Some of the reported details are not correct but it’s true that Berkshire had discussions with Uber.”