Now that Uber has completed its secondary transaction with SoftBank, there is a clearer picture of just how much money the company’s investors are walking away with after the deal. Last month, SoftBank announced that it had acquired a large stake in Uber that equaled...
Uber Technologies’ efforts to complete an investment by SoftBank Group that would inject billions of dollars into the ride-hailing company is at risk, thanks to former CEO Travis Kalanick. Citing people familiar with the matter, The Wall Street Journal reported news that Kalanick is fighting...
Stitch Fix has officially filed for an initial public offering, revealing that it earned nearly $1 billion in annual sales. According to news from The Wall Street Journal, the six-year-old personal shopping startup’s revenue surged to $977 million in the year ending July 29, from $73 million...
The ousted CEO of Uber called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit. Reuters reported that venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent...
January 08, 2018
Now that Uber has completed its secondary transaction with SoftBank, there is a clearer picture of just how much money the company’s investors are walking away with after the deal. Last month, SoftBank announced that it had acquired a large stake in Uber that equaled 20 percent of the ridesharing company’s total value. The transaction […]
November 02, 2017
Uber Technologies’ efforts to complete an investment by SoftBank Group that would inject billions of dollars into the ride-hailing company is at risk, thanks to former CEO Travis Kalanick. Citing...
October 20, 2017
Stitch Fix has officially filed for an initial public offering, revealing that it earned nearly $1 billion in annual sales. According to news from The Wall Street Journal, the six-year-old personal shopping...
August 15, 2017
Ride hailing app company Uber is reportedly considering an offer from an investment group that wants to own a bigger share of the company. According to a news report in Recode,...
