Travis Kalanick quits Uber’s board, sells off all his Uber stock
https://arstechnica.com/tech-policy/2019/12/travis-kalanick-quits-ubers-board-sells-off-all-his-uber-stock/
Travis Kalanick is leaving the board of Uber, the company he cofounded a decade ago and ran until his 2017 ouster. A spokesperson told CNBC that Kalanick has sold all of his remaining Uber stock, estimated to be worth around $2.5 billion.
Three years ago, Kalanick was CEO of Uber and the undisputed master of the ride-hailing company. The company's board of directors was organized to give Kalanick outsized influence. But a series of scandals in early 2017 fatally weakened Kalanick's power. An investor revolt led by the venture capital firm Benchmark led to his ouster in June 2017.
Travis Kalanick quits Uber’s board, sells off all his Uber stock
Dec 26, 2019, 5:25pm UTC
https://arstechnica.com/tech-policy/2019/12/travis-kalanick-quits-ubers-board-sells-off-all-his-uber-stock/
> Travis Kalanick is leaving the board of Uber, the company he cofounded a decade ago and ran until his 2017 ouster. A spokesperson told CNBC that Kalanick has sold all of his remaining Uber stock, estimated to be worth around $2.5 billion.
> Three years ago, Kalanick was CEO of Uber and the undisputed master of the ride-hailing company. The company's board of directors was organized to give Kalanick outsized influence. But a series of scandals in early 2017 fatally weakened Kalanick's power. An investor revolt led by the venture capital firm Benchmark led to his ouster in June 2017.