Quantcast
Channel: Startups
Viewing all articles
Browse latest Browse all 5208

The rise and fall of Travis Kalanick, Uber's embattled billionaire founder who just resigned as CEO

$
0
0

Travis Kalanick

Eight years ago, Travis Kalanick launched a startup called UberCab in San Francisco.

Today, Uber is a global behemoth and one of Silicon Valley's most successful companies — and one of the most contentious.

Uber operates in around 600 cities worldwide, and it's said to be worth nearly $70 billion.

The 40-year-old Kalanick is now said to have a net worth of more than $6 billion.

But Uber — and Kalanick — have been caught up in one scandal after another in recent months, leading to a four-month investigation, more than 20 firings, and finally, Kalanick's resignation from the company he created.

Here's how it all began. 

Maya Kosoff contributed to an earlier version of this post. 

SEE ALSO: After a 4 month investigation and 20 firings, Uber releases explosive report on corporate culture

Uber CEO Travis Kalanick grew up in Northridge, California — a suburb outside Los Angeles. When he was a kid, he wanted to be a spy.

Source: Business Insider



Kalanick got good grades and was athletic growing up, running track and playing football. But he was bullied by older students, and later vowed that he'd never be pushed around by anyone again.

Source: The New York Times



Kalanick would eventually follow in the entrepreneurial footsteps of his mom, a retail advertiser: He went door-to-door as a teen, selling knives for Cutco. He then started his first business at 18, an SAT-prep course called New Way Academy.

Source: Business Insider



See the rest of the story at Business Insider

Viewing all articles
Browse latest Browse all 5208

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>