Travis Kalanick stands to make billions from Uber’s IPO

Travis Kalanick stands to make billions from Uber’s IPO

5 years ago
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https://techcrunch.com/2019/04/11/travis-kalanick-stands-to-make-billions-from-ubers-ipo/

Uber co-founder Travis Kalanick, who resigned from the company in 2017, still stands to make billions in the company’s initial public offering, expected in May.

The ride-hailing giant dropped its S-1 this afternoon, confirming plans to trade on the New York Stock Exchange under the ticker symbol “Uber.” The company did not disclose the valuation it’s seeking but is said to be planning to sell around $10 billion in stock.