11-04-2019 22:40 via feedproxy.google.com

Travis Kalanick stands to make billions from Uber’s IPO

Uberco-founder Travis Kalanick,who resigned from the company in 2017, still stands to make billions in the company’s initial public offering, expected in May.
The ride-hailing giant dropped its S-1 this afternoon, confirming plans to trade on the New York Stock Exchange under the ticker symbol “UBER.” The company did not disclose the valuation it’s seeking but is said to be planning to sell around $10 billion in stock.
The filing highlights Uber’s key stockholders,
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