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Uber Founder Travis Kalanick Resigns as C.E.O.

NYT

Taking a start-up chief executive to task so publicly is relatively unusual in Silicon Valley, where investors often praise entrepreneurs and their aggressiveness, especially if their companies are growing fast. It is only when those start-ups are in a precarious position or are declining that shareholders move to protect their investment. Continue reading the main story In the case of Uber — one of the most highly valued private companies in the world — investors could lose billions of dollars if the company were to be marked down in valuation

Original post: 
Uber Founder Travis Kalanick Resigns as C.E.O.

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