Uber's original pitch deck shows how its changed as founders cash out - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Uber's co-founders are starting to cash out of the ride-hailing giant. Here's the pitch deck they created back in 2008, way before it was a $45 billion ride-hailing giant. BIPrime

Uber CEO Dara Khosrowshahi and co-founder Garrett Camp take a selfie photograph on the trading floor of the New York Stock Exchange during the company's IPO in New York.Uber

, now a decade old, went public back in May on the New York Stock exchange, but has disappointed investors in the five months since. Co-founders Travis Kalanick and Garrett Camp began cashing out hundreds of millions of dollars worth of stock this month as the company's lockup period expired. The cash outs provide a perfect opportunity to revisit "UberCab"'s original pitch to investors more than 10 years ago. Uber founder Garrett Camp cashed out roughly $13 million of his massive stake in the company this week, according toThe sale of 8,462,352 shares was worth $13,538,023, the filing shows, and will still leave the entrepreneur with a roughly 4.75% stake in the company.

Last week, Camp's co-founder and Ubers famously ousted former chief executive Travis Kalanick began selling some of his stake as well, on a much grander scale. Kalanick, who's working to build a

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Meet ScootScoop the e-scooter repo-men fighting Bird, Lime, Uber - Business InsiderHow do an international repo-man and a bike shop owner end up in business together? A common enemy. In this case: electric scooters.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »