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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...
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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...

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