Uber’s ousted CEO Travis Kalanick set to get richer by $8.6 billion from IPO

Uber’s ousted CEO Travis Kalanick set to get richer by $8.6 billion from IPO
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  • Kalanick owns 8.6 per cent (117.5 million shares) of Uber, as per the IPO filing by Uber.
  • Close to two years after Travis Kalanick resigned from the company's board as its chief executive officer following pressure from investors, Uber's co-founder is set to reap billions of dollars from its IPO on the New York Stock Exchange.
  • This translates into a value that could be up to $8.6 billion post IPO as the company is looking to reach $100 billion valuation, CNBC reported.
  • Home INDUSTRY SME Uber's ousted CEO Travis Kalanick set to get richer by $8.6 billion from IPO


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