Re:Uber Co-Founder Travis Kalanick Said to Plan Sale of 29% ...
by msmith10101 on Friday January 05, 2018 @04:11AM
(#16077491)
The saddest thing about Travis Kalanick's story is that he was ousted because his greedy investors were afraid they wouldn't see a 20x return on their investment, and not because of the ponzi-scheme fundamentals or ethical compromises that appear in tech rags every week. He was ousted by Benchmark, not by law enforcement. He's walking away with over a billion, rather than a go-to-jail card.
All he's saying is that he brought about the concept of ride sharing (debatable since there was, for instance, Sidecar before the advent of UberX) to the public and that he understands the pain of being ousted by your own company.