Kind of trying to figure out how to feel about this. In theory as the founder of a company it's appropriate to hold on to at least some of your holdings in that business for many many years to come to show you support for the business and to act as cheerleader, et cetera. Seems as if
Travis Kalanick is dumping most, if not all of his Uber stock. Yeah, he's kind of always been an asshole, so why bother thinking that he's going to abide by any time honored tradition of keeping up appearances. So what's the point? Is he pissed at Uber? Is he pissed at people in general? Does he know something that we all don't know, ie that self driving cars are probably a terrible idea? That even now the company is still worth only a fraction of what it trades for? Come on, it's a taxi company. Not that anyone in our office really has so much money that they're betting huge in the stock market, but don't think any of us invested in the company post
IPO or hold any shares period. So, Kalanick dumping his shares is probably yet another reason to stay away.
