Category Archives: Travis Kalanick

Uber Freight co-founders and top dealmakers join logistics startup Turvo

Last year, Charlie Bergevin and Brian Cristol, co-founders of Uber’s trucking logistics business Uber Freight, heard Reid Hoffman say Turvo had some of the best technology he had ever seen. Frustrated with the direction Uber Freight had taken, they called up Turvo’s founder and chief executive officer Eric Gilmore. It wasn’t long before offers were on the table and now, they’ve joined Turvo full-time. Cristol as head of enterprise partnerships and Bergevin as an enterprise partnerships executive. Bin Chang, a founding engineer at Uber Freight, is joining Turvo, too, a move […]

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The next big bet for former Uber CEO Travis Kalanick may be cloud kitchens — in China

Former Uber CEO Travis Kalanick may have been nudged out of one of the world’s most highly valuable private companies by investors frustrated over its troubled culture, but his moves remain of great interest given how far he’d driven the rideshare giant. One such move, according to a new report in the South China Morning Post, looks to be to help foster the growing concept of cloud kitchens in China. We’ve reached out to Kalanick for more information, but per the SCMP’s report, Kalanick is partnering with […]

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Uber’s IPO may not be as eye-popping as we expected

Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers that’s had even early Uber investors scratching their heads. A new report from The Information pegs Uber’s initial market cap at $90 billion. To develop the estimate, the site analyzed undisclosed documents […]

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