Uber's Kalanick Leaves Most of His Co. Shares at the Curb

The transcript discusses Travis Kalanick's significant liquidity event, where he sold $2 billion worth of shares, investing $300 million into Cloud Kitchens. Despite Uber's declining share price, Kalanick's investment in Cloud Kitchens has been successful, with a valuation of $5 billion. His rapid share liquidation is unusual, contrasting with co-founder Garrett Camp's more typical approach. Kalanick's actions have not significantly impacted Uber's share price, as investors seem to have anticipated his reduced role in the company.

What was the valuation of Travis Kalanick's latest investment from the Saudis?

What concerns are raised about the impact of Kalanick's sales on Uber's share price?