Travis Kalanick says he wouldn't do 'anything different' about the missed Uber-Lyft acquisition
The former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft.Uber-Lyft talks in 2014 collapsed over valuation disagreements and cultural mismatches.Kalanick recently launched robotics company Atoms and raised $1.7 billion for the startup.Uber and Lyft were just not meant to be, says Travis Kalanick.In an Andreessen Horowitz interview released on Friday, the former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft."I wouldn't do anything different. And it's easy to say now, but I got a lot of shit for that for a long time," he said.
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The former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft.Uber-Lyft talks in 2014 collapsed over valuation disagreements and cultural mismatches.Kalanick recently launched robotics company Atoms and raised $1.7 billion for the startup.Uber and Lyft were just not meant to be, says Travis Kalanick.In an Andreessen Horowitz interview released on Friday, the former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft."I wouldn't do anything different. And it's easy to say now, but I got a lot of shit for that for a long time," he said. "I would sit across the table from the guys, and it was just clear that we were very culturally different."Uber held acquisition talks to buy its rival Lyft in 2014. The negotiations fell apart because Kalanick refused to pay more than $2 billion, while Lyft was seeking a higher valuation.
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- What's the story?
- The former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft.Uber-Lyft talks in 2014 collapsed over valuation disagreements and cultural mismatches.Kalanick recently launched robotics company Atoms and raised $1.7 billion for the startup.Uber and Lyft were just not meant to be, says Travis Kalanick.In an Andreessen Horowitz interview released on Friday, the former Uber CEO said he has no regrets about how he handled a potential acquisition of Lyft."I wouldn't do anything different. And it's easy to say now, but I got a lot of shit for that for a long time," he said.
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- 1 outlet, average source rating 6.0/10.
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- 5m ago.
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Travis Kalanick says he wouldn't do 'anything different' about the missed Uber-Lyft acquisition
Sources1TypeCoverageBusiness Insider