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SoftBank’s $10bn Uber deal held up by last-minute dispute

This deal will die or, because of Travis Kalanick’s intransigence, will be repriced so low that many current investors will object. This is a case where the founder needs to get out of the way of their creation for it to succeed. The bad blood between Travis Kalanick and the venture capital firm, which sued […]

This deal will die or, because of Travis Kalanick’s intransigence, will be repriced so low that many current investors will object. This is a case where the founder needs to get out of the way of their creation for it to succeed.

The bad blood between Travis Kalanick and the venture capital firm, which sued the entrepreneur earlier this year, represents a final hurdle to clear before SoftBank names a price for a tender offer for Uber shares.

Source: SoftBank’s $10bn Uber deal held up by last-minute dispute

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