Uber's former CEO Travis Kalanick dumped his stock again — his November selling spree racked up $1.5 billion

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Travis Kalanick is cashing in on Uber and looking to raise money for his new startup, CloudKitchens.

Travis Kalanick is cashing in from the company he started. According to SEC filings, Uber's co-founder sold off $1.5 billion worth of the company's stock since the post-IPO lockup at the start of the November. He offloaded about half a billion dollars' worth in just three days. Kalanick still holds about 45 million shares of Uber still and is worth about $3.3 billion, according to Bloomberg.

Travis Kalanick is cashing in from the company he started. According to SEC filings, Uber's co-founder sold off $1.5 billion worth of the company's stock since the post-IPO lockup at the start of the November. He offloaded about half a billion dollars' worth in just three days. Kalanick still holds about 45 million shares of Uber still and is worth about $3.3 billion, according to Bloomberg.

 

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