tag Benchmark Capital

Former Uber CEO says investor lawsuit a 'public and personal attack'

EghtesadOnline: The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday.
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Publish Date:19/August/2017 | 09:02
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