Benchmark Sues to Kick Kalanick Off Uber's Board

Benchmark Sues to Kick Kalanick Off Uber's Board

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a lawsuit filed by Benchmark against former Uber CEO Travis Kalanick, aiming to remove him from the board. The conflict centers around control over Uber, with board seats and the IPO process at stake. Despite Kalanick owning a significant share, the lawsuit does not affect his ownership. The relationship between Uber's major investors, Benchmark and Kalanick, has deteriorated, highlighting misaligned interests and a power struggle within the company.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Benchmark's stance regarding the board seats held by Kalanick?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the relationship between Benchmark and Travis Kalanick over the past six months?

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