Equity podcast: Too much damn Uber news and Jeff Bezos buys a grocery chain

 Hello and welcome back to Equity, a weekly podcast of high finance gossip and low GAAP intrigue. It’s TechCrunch’s show focused on all things venture capital. This week, Katie Roof, Matthew Lynley and I — Alex Wilhelm — were joined by Cyan Banister, a prolific investor on her own (Uber, Postmates, the list goes on), and partner at Founders Fund, a team with more… Read More

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Some Uber employees are reportedly petitioning for Travis Kalanick to stay

 There’s a petition circulating among Uber employees asking the board of directors to let Travis Kalanick return to the company, Recode reports. The email going around talks about how Kalanick is “critical” to the company’s future success. It ultimately asks employees to show their support for Kalanick and push for him to get reinstated in an operational role. Read More

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Kalanick is out, but Uber’s VCs royally screwed up, too, say industry watchers

 Travis Kalanick, who last night resigned from his post as CEO of ride-share giant Uber, has taken the blame for the company’s very long list of problems, from allowing a culture of sexual harassment to thrive, to skirting the law with its Greyball program, to mishandling the medical files of a customer raped by one of the company’s drivers (for starters). But many view the VCs… Read More

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Bill Gurley to leave Uber’s board of directors

 Benchmark’s Bill Gurley is set to leave Uber’s board of directors, one day after the company announced the resignation of CEO Travis Kalanick following months of controversy over its corporate culture. A Benchmark spokesman told Bloomberg, which first reported the news of Gurley’s departure, that his board seat will be filled by Matt Cohler, another Benchmark general partner. Read More

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Crunch Report | Uber CEO Travis Kalanick Resigns

The CEO of Uber, Travis Kalanick, resigns from the company, Tesla gets a new lead, Andrej Karpathy, for their autopilot program, University of Michigan students get driverless shuttles and Snapchat introduces Snap Maps. All this on Crunch Report. Read More

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Don’t cry for me, Ubertina

 Uber has been in trouble for a while. The company was built on a bro-tastic, anything goes attitude that goes way back to God View and the targeted harassment of journalists. In short, it was built on an original sin that was never washed clean. There are two takeaways circulated in the Valley this week regarding Travis Kalanick’s departure. The first is similar to this one: Travis… Read More

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