News Formal

Benchmark's Bill Gurley, who led the firm's Uber investment, will stop doing new deals this year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Bill Gurley will continue working with his existing portfolio but he won't be part of the next Benchmark fund.

in mid-2017, after a series of embarrassing stories surfaced about the executive's behavior. Benchmark then sued Kalanick for fraud and breach of contract, claiming he made "material misstatements" to the board and hid crucial information to gain more control. The suit was later dropped."Everything that happened this summer was a very difficult decision for us," Gurley said, alluding to the removal of Kalanick.

Gurley has spent over two decades at Benchmark. Prior to his career in venture capital, he worked as an internet analyst on Wall Street at Deutsche Bank, leading coverage of the

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

benthompson called it.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Legendary VC Bill Gurley reportedly won't join Benchmark's new fund - Business InsiderLegendary tech investor Bill Gurley will reportedly not be involved in Benchmark's newest fund, ending a track record that lasted more than 20 years. yeah, bc he's lost his edge
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

U.S. Senate passes nearly $500 billion coronavirus bill aiding small businessThe U.S. Senate on Tuesday unanimously passed legislation providing nearly $500 billion in additional federal aid to help small businesses hurt by the coronavirus pandemic and to aid hospitals dealing with large numbers of seriously ill patients. well done That’s enough money to make one big business !!!
Källa: Reuters - 🏆 2. / 97 Läs mer »