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Big Traffic Author of this article: Zhou Yixue 2019-12-25
Kalanick brings US$3 billion,Invest in the next entrepreneurial project。
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December 24,According to foreign media reports,Online ride-hailing giant Uber announced,Co-founder of the company、Former CEO Travis Kalanick will resign from the company’s board of directors on December 31, 2019。

Uber spokesperson revealed,Kalanick has sold his Uber shares worth about $3 billion,will next “focus on his new business and philanthropic endeavors。”As understood,Kalanick’s new business will be related to food delivery,Related specifically to industrialized kitchens。

“In the past 10 years,Uber has always been a part of my life。As this decade draws to a close,As the company goes public,Now is the right time for me to focus on my 188bet Online Sports Betting and Casino current business and philanthropic endeavors,I’m proud of everything Uber has accomplished,will continue to cheer for its future。" Kalanick said in a statement。

2009,After two consecutive entrepreneurial failures,Kalanick, a UCLA dropout, founded Uber with his friends。This company has grown rapidly since then,In just 5 years,Business covers six continents、More than 300 cities,The company’s valuation has reached more than 40 billion US dollars,Created the record for the highest valuation of an unlisted company at the time。

Kalanick is a controversial business founder,In order to win in the competition, we will not hesitate to challenge laws and regulations。This aggressive and wolfish style was once considered a key factor in the company's rapid development。CNBC pointed out in the report,Kalanick’s militant work style made Uber the world’s largest ride-hailing company,Completed the revolution in the taxi industry and challenged the rules of transportation around the world。

2017,Due to a series of management scandals and internal sexual harassment incidents exposed,The company’s 188bet app download discriminatory and provocative culture was made public。Under pressure,Investors demand Kalanick resigns as CEO,But still retains his status as a director。After resigning as CEO,Kalanick was also sued by early investors,believes it is suspected of defrauding the board of directors,Gather allies on the board,Attempt to cover up inappropriate behavior in company management,Paving the road back to CEO。

After Kalanick handed over the steering wheel of the company's operations,Uber’s misfortune has not stopped yet。Before listing,Investment banks once gave Uber a valuation of up to US$120 billion。Uber will go public in May this year,Expect to seek a valuation of US$90-100 billion,But the stock price fell all the way after listing,To date, the market value is only over 50 billion US dollars。Uber’s largest investor, SoftBank Vision Fund, also suffered heavy losses as a result。

Ten years of establishment,Uber still not profitable。Latest financial report data display,Uber revenue in the third quarter of 2019 was 38.USD 1.3 billion,30% year-on-year increase。But at the same time, 188bet Online Sports Betting and Casino the net loss was 11.USD 6.2 billion,18% year-on-year expansion。

Now,Kalanick brings US$3 billion,Invest in the next entrepreneurial project。

188bet app download TextSource: interface, Author: Zhou Yixue, originalTitleUber founder Kalanick completely leaves Uber,Cash out US$3 billion》.

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