Benchmark Capital

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Uber investors want Benchmark off board a day after it sued founder for fraud

A group of Uber shareholders is asking Benchmark Capital to give up its seat on the company’s board of directors a day after the venture capital firm filed a lawsuit against former Uber CEO Travis Kalanick for fraud. Axios first revealed the full letter, which apparently has been making its way around Silicon Valley. It accuses … Continue reading “Uber investors want Benchmark off board a day after it sued founder for fraud”

Uber investors want Benchmark off board a day after it sued founder for fraud
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Benchmark Capital just accused former Uber CEO Travis Kalanick of fraud

The dumpster fire at Uber HQ rages on. Benchmark Capital, one of the company’s investors with members on its board, has filed a lawsuit against former CEO Travis Kalanick accusing him of fraud, violation of his fiduciary duty, and breach of contract. Uber is listed as a nominal defendant in the filing. The lawsuit, uncovered by Dan … Continue reading “Benchmark Capital just accused former Uber CEO Travis Kalanick of fraud”

Benchmark Capital just accused former Uber CEO Travis Kalanick of fraud
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