Uber's former chief executive and ousted founder Travis Kalanick cashed out a massive chunk of his stake in the ride-hailing giant last week as the company's post-IPO lockup period expired.
. The company is now less valuable than it was in 2015, well before its public offering, leaving even some private investors from later rounds underwater. Shares are now down 36% since the IPO
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
JCOviedo6 Not edible paper? Shocker.....