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Sources: Kalanick plans to sell ~29% of his 10% Uber stake, worth about $1.4B, to SoftBank consortium after offering 50%, the maximum allowed for board members

Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick, who has long boasted that he's never sold any shares …

Bloomberg Eric Newcomer

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  • @ericnewcomer Eric Newcomer on x
    Uber's former CEO Travis Kalanick tendered 50 percent of his stake in Uber, the maximum allowed for board members. He's selling 29 percent since the round was oversubscribed. He'll make about $1.4 billion https://www.bloomberg.com/...