Travis Kalanick reportedly selling a third of his shares in Uber for $1.4 billion

Ex-Uber CEO Travis Kalanick, who once boasted about never selling a share of the company he helped found, is divesting himself of a big chunk of Uber stock, according to Bloomberg and Reuters. A week after Softbank acquired one-fifth of Uber, Kalanick is selling around 29 percent of his shares to the Japanese tech giant and its partners who have agreed to buy equity in the company.an actual billionaire for the first time
It’s a bit of a silver lining after a year of rolling disasters for