Tag: Uber

  • Travis Kalanick Sells Remaining Uber Shares, Leaving Board

    After selling more than $2B of his shares, Travis Kalanick has severed his final ties to Uber. The New York Times reports: Travis Kalanick, the founder and former chief executive of Uber, has stepped down from the company’s board of directors, severing his last tie with the company.  Mr. Kalanick, 43, started the Uber in […]

  • Felix Salmon for Axios: The bottom line: A whopping 81% of the $29.55 billion in equity that Uber has raised is underwater. IPO investors have lost $655 million, while investors from 2016 and 2018 have between them lost $2.27 billion. Losers: Investors who bought Uber shares 3 years ago have lost 15% of their money, before fees. […]