The lawsuit against Uber's Kalanick is the latest move VCs have made against founders who stack their boards with loyalists and run their companies into the ground.
Benchmark's Uber Suit Signals End of Era for Imperious Founders
EghtesadOnline: When Uber Technologies Inc. backer Benchmark Capital filed a lawsuit against the startup’s founder Travis Kalanick for using allegedly fraudulent means to pack the board with his loyalists, it sent a strong signal that Silicon Valley’s so-called founder-friendly era is coming to an end.
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Publish Date:12/August/2017 | 07:27