Benchmark's Bill Gurley on Uber and Travis Kalanick

CNBC| Fri Nov 17 10:00:16 EST 2017
When it comes to Uber, venture capitalist Bill Gurley said he thinks he was on the right side of history. Gurley is a general partner at Benchmark, a major investor in Uber, and a leader of Uber's thunderous workplace culture investigation — which led to the exit of co-founder-CEO Travis Kalanick. Benchmark was embroiled in a lawsuit with Kalanick, who is still on the board. "We reached a point where we felt like the entire company and all its constituencies — drivers, riders, employees, shareholders — were at risk if the company continued to move in the direction it was," Gurley told CNBC's "Squawk Alley" on Friday. "We took action that was not easy to take. We've suffered some brand hits a..

Related Articles

When it comes to Uber, venture capitalist Bill Gurley said he thinks he was on the right side of history. Gurley is a general partner at Benchmark, a major investor in Uber, and a ....
CNBC| Fri Nov 17 10:00:16 EST 2017
Despite the fact that it's an "extremely dangerous" sector to invest in, venture capitalist Bill Gurley recently made two new healthcare investments. "I've been spending a lot of t....
CNBC| Fri Nov 17 10:00:22 EST 2017
Venture capitalist Bill Gurley says he recently made two health-care investments even though he says the sector is filled with perils. "I've been spending a lot of time looking at ....
CNBC| Fri Nov 17 13:00:09 EST 2017
Venture capitalist Bill Gurley is bullish on bitcoin because he views it as a more secure place to keep money in areas of the world with political and economic dysfunction. "I thin....
CNBC| Fri Nov 17 10:00:16 EST 2017
Venture capitalist Bill Gurley is bullish on bitcoin because he views it as a more secure place to keep money in areas of the world with political and economic dysfunction. "I thin....
CNBC| Fri Nov 17 10:00:22 EST 2017
Influential venture capitalist Bill Gurley says it's time for Silicon Valley's "unicorns" to grow up. Gurley, a partner at venture capital firm Benchmark, talked to CNBC's followin....
CNBC| Fri Nov 17 10:00:16 EST 2017
If you go by official Indian government figures, Chinese direct investments into the country this century hit a paltry $1.6 billion in March 2017. That's a weak showing compared to....
CNBC| Wed Nov 15 19:05:09 EST 2017
"My path as an entrepreneur has not always been easy," Stitch Fix Founder and Chief Executive Officer Katrina Lake told CNBC's "Squawk Alley" Friday about being a woman in Silicon ....
CNBC| Fri Nov 17 10:00:16 EST 2017
"My path as an entrepreneur has not always been easy," Stitch Fix Founder and Chief Executive Officer Katrina Lake told CNBC's "Squawk Alley" Friday about being a woman in Silicon ....
CNBC| Fri Nov 17 10:00:22 EST 2017
NEW YORK (AP) — Since The New York Times published allegations of ----- harassment and assault against Hollywood mogul Harvey Weinstein in October, multiple men in entertainment, ....
Pos Bulletin| Fri Nov 17 13:04:41 EST 2017
Having covered financial stocks at big and small banks for more than two decades, David Hilder was accustomed to the ebb and flow of Wall Street job cuts and hiring sprees. But he ....
CNBC| Fri Nov 17 04:05:06 EST 2017
The food-delivery on demand space continues to heat up in Europe. Today, Deliveroo, the London-based startup that just weeks ago announced a Series F of $385 million at a valu....
TechCrunch| Fri Nov 17 07:00:21 EST 2017
Shannon Rawski first got the idea for her dissertation after listening to her former colleagues — business school professors who study human resources and recognize ----- harassme....
The Washington Post| Fri Nov 17 16:00:05 EST 2017
Eight states, cities or localities have recently passed legislation banning all employers from asking one particularly awkward question of prospective workers: How m....
The Washington Post| Thu Nov 16 04:00:05 EST 2017
Twitter gave Jason Kessler a blue checkmark last week. That might not sound noteworthy to someone removed from the daily drama of Twitter, but that single decision reinvigorated on....
Mashable| Thu Nov 16 13:03:43 EST 2017
After months of teasing investors and fans that his company's first electric semi will "blow your mind," Tesla CEO Elon Musk finally took the wraps off the truck. Actually, he roll....
CNBC| Thu Nov 16 22:00:08 EST 2017
After months of teasing investors and fans that his company's first electric semi will "blow your mind," Tesla CEO Elon Musk finally took the wraps off the truck. Actually, he roll....
CNBC| Thu Nov 16 19:45:10 EST 2017
Tesla plans to reveal an electric commercial truck on Thursday night, which CEO Elon Musk said will "blow your mind out of your skull and into an alternate dimension." That dimensi....
CNBC| Thu Nov 16 10:00:13 EST 2017
Applied Materials President and CEO Gary Dickerson told CNBC on Friday that "there's never been a better time to be an investor" in his company in its 50-year history. "The future ....
CNBC| Fri Nov 17 16:00:14 EST 2017
HONG KONG (AP) — Asian shares were mostly higher Friday, extending global gains after Wall Street reported a round of healthy earnings and U.S. politicians took a step forward on P....
Post Bulletin| Thu Nov 16 22:04:40 EST 2017
Comic Judy Gold is driving, and there is just so much to say. “There’s just so many, I have so many thoughts,” she says by phone. It’s only been a few days since five women to....
The Washington Post| Thu Nov 16 07:06:05 EST 2017
SailPoint, the enterprise identity solutions business, went up 9% in its debut on the New York Stock Exchange Friday. The company raised $240 million after pricing its shares at $1....
TechCrunch| Fri Nov 17 13:00:21 EST 2017
The stock market is saying internet giants are eating the world and companies need to figure out how to survive their onslaught in the new digital age. Amazon and Netflix shares ar....
CNBC| Fri Nov 17 13:00:15 EST 2017
In the week leading up to Black Friday and in the days thereafter, the clear outperformers in the stock market are the retailers participating in the holiday shopping phenomenon th....
CNBC| Fri Nov 17 13:00:09 EST 2017
When disasters from hurricanes to wildfires swept the U.S. this fall, mental health start-up Talkspace turned to Facebook for free advertising to reach victims. But while Talkspace....
CNBC| Thu Nov 16 07:58:13 EST 2017
PayPal co-founder Peter Thiel has parted ways with start-up incubator Y Combinator. A blog post on the company's website, which previously listed Thiel as a part-time partner, now ....
CNBC| Fri Nov 17 13:00:08 EST 2017
AT&T is hiring media lawyer Daniel Petrocelli to serve as its lead trial counsel in case the Justice Department files a lawsuit to block a potential merger with Time Warner. An....
The Hill| Thu Nov 16 13:01:47 EST 2017
NEW YORK (AP) — U.S. stock indexes are dipping Friday, a day after the market made its biggest gain in two months. Technology companies are returning some of their recent gains and....
Pos Bulletin| Fri Nov 17 10:04:40 EST 2017
The Navy said Friday an aircrew in the Pacific Northwest was responsible for creating lewd skydrawings. The incident comes amid raised awareness about ----- harassment in the work....
CNBC| Fri Nov 17 13:00:08 EST 2017
WASHINGTON (AP) — Minnesota Sen. Al Franken personally apologized to the woman who has accused him of forcibly kissing her and groping her during a 2006 USO tour, saying he remembe....
Post Bulletin| Fri Nov 17 13:04:45 EST 2017
LinkedIn co-founder Reid Hoffman is not shy when expressing his opinions of President Donald Trump. The entrepreneur, who now sits on Microsoft's board of directors and is a partne....
CNBC| Thu Nov 16 16:00:15 EST 2017
As Kevin stated before this administration has laid out the priorities that we want to see reflected in this legislation. I'll read it continue to fight for those priorities and le....
ABC News| Fri Nov 17 13:25:32 EST 2017
BIRMINGHAM, Ala. (AP) — With President Donald Trump standing on the sidelines, Republican Senate candidate Roy Moore and his allies on the ground in Alabama are bracing for an exte....
Post Bulletin| Thu Nov 16 07:09:48 EST 2017
BIRMINGHAM, Ala. (AP) — With President Donald Trump standing on the sidelines, Republican Senate candidate Roy Moore and his allies on the ground in Alabama are bracing for an exte....
Post Bulletin| Thu Nov 16 01:03:51 EST 2017
THE LIGHTBULB Senate Energy and Natural Resources Chair Sen. Lisa Murkowski (R-Alaska) speaks during a hearing on hurricane recovery on Nov. 14. (AP Photo/Jacquelyn ....
The Washington Post| Thu Nov 16 07:00:06 EST 2017
In response to the governor's veto of the Legislature's funding, House leaders have imposed a hiring freeze. As people leave, positions remain unfilled. Poppe lost her legislative ....
Post Bulletin| Thu Nov 16 22:04:40 EST 2017
NEW YORK (AP) — U.S. stock indexes are mostly lower Friday, as technology companies decline a day after the market's biggest gain in two months. Retailers including Ross Stores, Ga....
Pos Bulletin| Fri Nov 17 13:04:41 EST 2017
The IPO market is heating up again, but some fatigue may be setting in. Six IPOs are set to price Thursday night, one of the busiest days of the year. The most widely known of the ....
CNBC| Thu Nov 16 13:00:09 EST 2017

You May Also Like To Read

MONTGOMERY, Ala. (AP) — The Latest on Republican Roy Moore and the special U.S. Senate election in Alabama (all times local): 10:45 p.m. Republican U.S. Senate candidate Roy Moore'....
Post Bulletin| Wed Nov 15 19:36:33 EST 2017
Shares of Foot Locker spiked 30 percent Friday after the shoemaker posted stronger-than-expected earnings. If shares close at those levels, it will be the company's single best tra....
CNBC| Fri Nov 17 07:00:08 EST 2017
Republican U.S. Senate candidate Roy Moore speaks during a campaign event at the Walker Springs Road Baptist Church on Nov. 14 in Jackson, Ala. The candidate has been accused of se....
Washington Post| Thu Nov 16 16:17:04 EST 2017
Coca-Cola will never say never on getting into the booze space, but it doesn't make sense right now, CEO James Quincey told CNBC on Thursday. Analysts have recently speculated whet....
CNBC| Thu Nov 16 07:00:09 EST 2017
Treasury Secretary Steven Mnuchin tells CNBC the burden for the GOP tax bill will fall on those making more than $1 million. The Republican-led House's tax reform plan now heads to....
CNBC| Fri Nov 17 07:00:08 EST 2017
The answer, at least for Inboard Technology, is to go out and raise $8 million in a new round of venture funding to become the Tesla of skateboards. Founded in 2014 by Ryan Ev....
TechCrunch| Thu Nov 16 04:00:20 EST 2017
AP photo Senate Majority Leader Mitch McConnell, R-Ky., joined at rear by Sen. John Thune, R-S.D., tells reporters Tuesday that he has spoken to President Donald Trump and other le....
Northwest Herald| Wed Nov 15 22:01:35 EST 2017
Cisco CEO Chuck Robbins said he's "optimistic" about tax reform, and said that his company is one of the top five companies that would benefit from its passage. "We see increased M....
CNBC| Fri Nov 17 07:00:08 EST 2017
Barnes & Noble said on Thursday a deal proposed by an activist investor to take the bookstore chain private was not "bona fide" as its chairman and founder, Leonard Riggio, wou....
CNBC| Fri Nov 17 04:05:06 EST 2017
One of the first companies the Kairos Fund is investing in is Little Spoon, an organic local baby food delivery company that is launching its nationwide service Thursday. The start....
CNBC| Thu Nov 16 04:00:13 EST 2017
DJI, the Chinese company that manufactures the popular Phantom brand of consumer quadcopter drones, was informed in September that developers had left the private keys for both the....
Ars Technica| Fri Nov 17 10:01:09 EST 2017
Irish start-up Voysis has created an artificial intelligence (AI) voice assistant that it is aiming to license to retailers in a bid to help them compete with e-commerce titan Amaz....
CNBC| Thu Nov 16 07:58:12 EST 2017
WASHINGTON — ----- and booze made it into the congressional battle over taxes in a late-night revision. The latest changes to a Senate Republican tax plan, released at 10:30 p.m. on ....
CNBC| Thu Nov 16 04:00:08 EST 2017
WASHINGTON (AP) — Minnesota Sen. Al Franken personally apologized to the woman who has accused him of forcibly kissing her and groping her during a 2006 USO tour, saying he remembe....
Post Bulletin| Fri Nov 17 10:08:36 EST 2017
They’re back. After staying heads down for the past year, Trae Vassallo and Neil Sequeira, two longtime venture capitalists whose individual brands are well-known to Bay Area start....
TechCrunch| Thu Nov 16 07:00:22 EST 2017
Attorney for former Alabama Chief Justice and U.S. Senate candidate Roy Moore, Phillip L. Jauregui, left, and Moore Campaign Chairman Bill Armistead, right, speak at a news confere....
Northwest Herald| Thu Nov 16 07:01:32 EST 2017
For almost two months in 2014, servers belonging to Moscow-based Kaspersky Lab received confidential National Security Agency materials from a poorly secured computer located in th....
Ars Technica| Thu Nov 16 01:16:52 EST 2017
Technological developments are having an impact on banking, even though the finance sector won't be revolutionized by automation just yet, the chief executive officer of Morgan Sta....
CNBC| Wed Nov 15 19:00:15 EST 2017
It’s becoming increasingly evident the Trump administration doesn’t understand technology, or perhaps fears and hates it. The seemingly imminent abrogation of net neutrality, and i....
The Next Web| Thu Nov 16 13:29:47 EST 2017