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I think it's more like Bill Gurley not fully looking out for the interests of Benchmark [0] while dealing with Travis when he held the board seat at Uber on the
by sah2ed 9y ago
I think it's more like Bill Gurley not fully looking out for the interests of Benchmark [0] while dealing with Travis when he held the board seat at Uber on their behalf.
Fun fact: Gurley has himself being sued by some founders of a startup (Epinions) in the past for misrepresenting material information [1] prior to a merger.
[0] "Mr. Gurley has remained one of Mr. Kalanick’s few trusted advisers, and the two communicate several times a week ... "
"Yet in many ways, Uber now epitomizes many of the excesses Mr. Gurley has publicly condemned, ..."
from
https://mobile.nytimes.com/2017/03/18/technology/bill-gurley-uber-travis-kalanick-silicon-valley.html https://mobile.nytimes.com/2017/03/18/technology/bill-gurley...
[1] https://mobile.nytimes.com/2005/01/26/technology/founders-of-web-site-accuse-backers-of-cheating-them.html https://mobile.nytimes.com/2005/01/26/technology/founders-of...
- pge 9y agoFwiw, Gurley is legally obligated to make board decisions on behalf of all shareholders not to look out just for benchmark's interests. I don't know that it is relevant in this case but just correcting the common misconception that a board member's job is to look out for his employer's interests.