RIDEGURU
Last week, Uber co-founder and ousted CEO Travis Kalanick sold more than $500 million worth of Uber shares as soon as the company’s 180-day lockup period expired, meaning that early investors and insiders were allowed to cash out their holdings.
Even Uber Founder Travis Kalanick Has Lost Faith in the Rideshare Giant
Posted 5 years, 1 month ago
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Sergio Avedian (Uberserge)
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Ride Apprentice from Los Angeles, CA
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Active Uber/Lyft driver in Los Angeles, contributing writer for Rideguru and RSG (The Rideshare Guy), podcaster, rideshare driver coach, independent consultant to rideshare and tech companies.
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Comments
I thought he unloaded his shared because he has a new venture? Probably needs cash for that. This seems like a stretch.
No he doesn't need cash for that, he just got funded by the Saudis to the tune of 400 million at a valuation of 5 billion