Travis Kalanick is the co-founder and former CEO of ride-hailing company, Uber.
From an early age, Kalanick was interested in computers, learning how to code by the time he was in middle school. He studied computer engineering at the University of California, Los Angeles, but dropped out to help launch the startup, Sour, with some of his fellow classmates. Sour was one of the first online music and movie sharing services of its kind, but it filed for bankruptcy in 2000, later selling off all of its assets.
In 2001, Kalanick launched another file-sharing company, Red Swoosh, which eventually sold to Akamai Technologies in 2007 for $19 million. After Red Swoosh's acquisition, Kalanick spent a year with Akamai as head of P2P initiatives before leaving to start Uber.
Along with Garrett Camp, he co-founded Uber in 2009 with just three cars available for hire in the San Francisco area. From its humble beginnings, Uber grew to a massive international company, expanding overseas by 2012 and operating in 66 countries and more than 360 cities worldwide by 2015.
In 2016, Kalanick announced that he would be joining President-elect Donald Trump’s economic advisory council, a move met with swift backlash against both the company and Kalanick personally. Additionally, in 2017, he underwent an investigation into sexual harassment and discrimination charges leveled against the company, ultimately leading to his resignation. By 2019, he had sold all shares of Uber.
After his departure from Uber, Kalanick embarked on a new venture called 10100, a firm that combines nonprofit and for-profit investments. 10100 now focused on e-commerce and real estate. Additionally, he currently serves as CEO of City Storage Systems, a holding company with a focus on redeveloping real estate.
What is Travis Cordell Kalanick's net worth?
The estimated net worth of Travis Cordell Kalanick is at least $835.93 million as of December 16th, 2019. Mr. Kalanick owns 13,764,647 shares of Uber Technologies stock worth more than $835,927,012 as of December 22nd. This net worth estimate does not reflect any other investments that Mr. Kalanick may own. Learn More about Travis Cordell Kalanick's net worth.
How do I contact Travis Cordell Kalanick?
Has Travis Cordell Kalanick been buying or selling shares of Uber Technologies?
Travis Cordell Kalanick has not been actively trading shares of Uber Technologies during the last quarter. Most recently, Travis Cordell Kalanick sold 3,851,491 shares of the business's stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $30.01, for a transaction totalling $115,583,244.91. Following the completion of the sale, the director now directly owns 13,764,647 shares of the company's stock, valued at $413,077,056.47. Learn More on Travis Cordell Kalanick's trading history.
Who are Uber Technologies' active insiders?
Are insiders buying or selling shares of Uber Technologies?
In the last twelve months, insiders at the ride-sharing company sold shares 9 times. They sold a total of 1,242,514 shares worth more than $85,989,058.62. The most recent insider tranaction occured on November, 25th when insider Jill Hazelbaker sold 27,780 shares worth more than $2,025,162.00. Insiders at Uber Technologies own 3.8% of the company.
Learn More about insider trades at Uber Technologies. Information on this page was last updated on 11/25/2024.
