Re:Benchmark Capital Sues Travis Kalanick for Fraud
by tim333 on Thursday August 10, 2017 @04:56PM
(#14984163)
"Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company."
is how the NYT put it.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by joering2 on Thursday August 10, 2017 @05:23PM
(#14984443)
I didnt get this news. First when it broke he and board explained its due to his morher passing. Now im confused as of what really transpired.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by tim333 on Thursday August 10, 2017 @05:27PM
(#14984472)
There was talk about leaving temporarily before the shareholder revolt kicked in.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by joering2 on Thursday August 10, 2017 @07:00PM
(#14985157)
Its disapotiing to keep being downvoted just because im wrong. would love to see all these people im sure they never been wrong in their life.
anyways Travis said himself he is leaving Uber because his mother just died, which was not a lie. And I believe when your mother dies you need time to grief and its perfectly fine to take time off.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by Zyst on Thursday August 10, 2017 @08:37PM
(#14985710)
You made a claim you didn't have the facts right on.
If someone without the relevant information reads it your comment could thus spread misinformation.
And so people downvote. The other replies that got downvoted after that I don't know about though.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by tyingq on Thursday August 10, 2017 @07:38PM
(#14985383)
People will downvote a comment that is objectively incorrect. I wouldn't take it personally.
Enacting a coup while the king is absent from the castle is a common tactic.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by Sacho on Thursday August 10, 2017 @07:35PM
(#14985369)
This is true, but the board allegedly pressured him into resigning the week after. Here's the NYT article with details - https://www.nytimes.com/2017/06/21/technology/uber-ceo-travi... - although, given the lawsuit, it's not clear if the reporting was completely correct.
Travis wasn't removed from CEO chair. He resigned temporarily due to passing of his late mother. He himself said multiple times once he is done greaving, he plans to come back.