Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

The early Uber investor suing Travis Kalanick turned its $12 million investment into $7 billion stake

Business Insider Friday, 18 August 2017
The early Uber investor suing Travis Kalanick turned its $12 million investment into $7 billion stakeBenchmark Capital's early investment in Uber has grown exponentially since the ride-hailing company's unicorn days.

Benchmark is suing Travis Kalanick, Uber's cofounder and ousted CEO, over claims that he committed fraud in 2016. Kalanick on Friday responded to the allegations and released a legal filing arguing why the suit...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Wochit Business - < > Embed

News video: Former Uber CEO is Getting Sued

Former Uber CEO is Getting Sued 00:50

Benchmark Capital's early investment in Uber has grown exponentially since the ride-hailing company's early days. But Benchmark is suing Travis Kalanick, Uber's cofounder and ousted CEO, over claims that he committed fraud in 2016. Kalanick on Friday responded to the allegations and released a legal...

Recent related news

Walkabout attracts cornerstone investment from Chinese engineering firm Jinpeng Mining

Walkabout Resources Ltd (ASX:WKT) has shown that quality assets in Tanzania attract investment, with Chinese engineering firm Jinpeng Mining and Machinery Co....
Proactive Investors - BusinessAlso reported by •Reuters India

Google parent Alphabet could invest about $1 billion in Lyft: Report

Google parent Alphabet Inc. is reportedly considering a huge investment in Lyft Inc., the cab-aggregator company based out of the US. According to people...
BGR India - Technology

Tencent buys 5 per cent stake worth US$372m in prestigious Chinese investment bank, CICC

Tencent Holdings Limited has agreed to invest HK$2.9 billion (US$371.6 million) for a 5 per cent stake in one of the country’s most prestigious investment...
S.China Morning Post - Business

Boston investor acquires Houston firm with stake in DFW real estate

A Houston-based real estate investment firm that manages about $6 billion in property, including a significant amount of real estate in Dallas-Fort Worth, has...
bizjournals - Business

Uber's worries could be compounded by Google's $1bn Lyft injection

Uber's woes may have just got a whole lot more worrying as reports emerged that rival taxi firm Lyft may get a whopping US$1bn investment from Google parent...
Proactive Investors - Business


You Might Like


Other recent news in Technology

Twitter is testing a TWITTER LITE Android app in the PhilippinesOFFICE 365's revamped web launchers put you to work sooner
The next hottest housing market in America is this SAN FRANCISCO micro-hood that's so obscure, most residents have never heard of itJared Kushner uses private email for WHITE HOUSE business
Sport24.co.za | FEDERER leads Europe to maiden Laver Cup titleMEXICO CITY volunteers use social media to direct quake relief
Internet GIANTS, once above the fray, on the defensive in WashingtonThe problem with STAR TREK aliens: Bob McDonald
News24.com | Wave of protests grip NFL after TRUMP URGES fan boycottGERMAN Manufacturers Play Defense Against Chinese Hackers

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+