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Investors flew to Uber CEO to give letter urging resignation
short by Pragya Swastik / on Thursday, 22 June, 2017
Uber Co-founder and former CEO Travis Kalanick was hand-delivered a letter urging him to step down from his role by two investors who flew down to him. Matt Cohler and Peter Fenton, partners at venture capital firm Benchmark, delivered the letter to Kalanick. The letter was signed by five major investors, who account for 40% of shareholder votes.
read more at Bloomberg