Co-Founder of Uber plans to sell 29% of his stake

Former CEO of Uber, Travis Kalanick, aims to sell 29% of his stake in the industry disrupting ride-sharing app. Kalanick currently holds 10% of the company, and offered to sell up to half of his shares. The deal will net Kalanick around $1.4 billion in the sale to SoftBank Group Corp. and a group of unnamed investors. Once complete, the sale will make Kalanick officially a billionaire for the first time. Last year, Kalanick stepped down as CEO when public controversy and governmental investigations focused on how Uber is operated.

Latest

What’s Next in the World of Email Automation?
April 23, 2021
Greg Norton is a Marketing Cloud Account Executive at Salesforce, and he shared his thoughts about what's next in the world of email and automation, "I could think of it in terms of three Read more
Empowering Better Communication among Community Healthcare Stakeholders
April 23, 2021
The challenges healthcare executives and administrators face are constantly changing. Host Kevin Stevenson talks with the heroes behind the heroes that are enabling hospitals, urgent care centers and telemedicine Read more
How a Year of Disruption Bred Unprecedented Innovation in Education
April 23, 2021
How do you extrapolate insights on pandemic leadership, the role of women in EdTech, and the dynamics of Zoom in just over 20 minutes? Listen to Kelli Campbell, President of Discovery Education as she Read more