Travis Kalanick asked Uber's board if he could help ring the opening bell on IPO day, but CEO Dara Khosrowshahi rejected his request

[ad_1]

Axios graphic (DO NOT USE)

  • Uber founder Travis Kalanick won’t assist in Uber’s bell-ringing ceremony when it goes public, according to Axios’ sources.
  • However, Uber CEO Dara Khosrowshahi has offered to allow Kalanick to join other company directors on the floor of the New York Stock Exchange, but it’s not clear if Kalanick will take him up on that offer.

Uber CEO Dara Khosrowshahi has decided against inviting predecessor Travis Kalanick to join him on the New York Stock Exchange balcony during next Friday’s bell-ringing ceremony, according to multiple sources.

Details: Instead, Kalanick has been offered to be on the NYSE floor, alongside other company directors. No word yet on if he plans to attend.

Why it matters: Kalanick co-founded Uber and led the majority of its growth before being forced out in mid-2017. He had asked during a recent board meeting to participate in the bell-ringing, alongside Khosrowshahi and a group of longtime Uber executives and drivers, but Khosrowshahi was noncommittal at the time.

  • More: Uber sets IPO terms, could be valued at $84 billion

Join the conversation about this story »

NOW WATCH: Watch Mark Zuckerberg outline Facebook’s new 6-principle approach to privacy



[ad_2]