Category: Travis

Uber founder Travis Kalanick is leaving the company’s Board of Directors
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Uber founder Travis Kalanick is leaving the company’s Board of Directors

Uber founder and former CEO Travis Kalanick is leaving the company’s board of directors, the ride-hailing company announced today. Kalanick will officially resign from the board as of December 31, to “focus on his new business and philanthropic endeavors,” according to a press release issued by Uber. Kalanick, who was forced out as Uber CEO…

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$2.5 Billion Dump: Travis Kalanick Has Sold 92% of His Uber Shares
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$2.5 Billion Dump: Travis Kalanick Has Sold 92% of His Uber Shares

Travis Kalanick has not wasted a single day to dump his Uber shares. Kalanick’s remaining stake is nearly 10% of what Uber co-founder Garrett Camp currently holds. The selling wave after the lockup period expiry has spared some insiders though. It took ten years after being founded for Uber (NYSE:UBER) to get publicly listed. But…

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