2 ms·
It's an interesting dynamic. The investors hold the cards, because Uber is going to need more funding soon. But on the other hand, pushing Travis out might tank
by untog 9y ago
It's an interesting dynamic. The investors hold the cards, because Uber is going to need more funding soon. But on the other hand, pushing Travis out might tank the valuation.
I'm guessing they decided that any valuation damage will only be short term. I suspect they are right.