Published: Thu, August 10, 2017
Hi-Tech | By Grace Becker

Uber's first employee is the latest high-profile exec to jump ship

Uber's first employee is the latest high-profile exec to jump ship

More specifically, the lawsuit says that Kalanick added three extra voting seats to Uber's board and gave himself the sole right to decide who got them.

Benchmark, which holds a 13 percent stake in Uber, alleges Kalanick engaged in fraud by misleading investors about his effort to pack the firm's board with allies willing to keep him as a director after he was removed as the company's top executive, according to the suit.

In early 2010, Uber cofounder Travis Kalanick tweeted that he was looking for an "entrepreneurial product mgr/biz-dev killer" to join the new startup, with promises of "BIG equity".

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Graves was one of the first employees at Uber.

According to the VC firm, this includes "pervasive gender discrimination and sexual harassment", as well as "allegedly harbored trade secrets stolen from a competitor". A spokesman for Kalanick didn't immediately respond to requests for comment. It's the latest sign that, despite Kalanick's recent resignation from Uber, the company continues to find itself immeshed in Kalanick-related chaos. Its CEO, Kalanick, resigned in June, but also remains a board member. Tensions between Uber and Benchmark have remained high, which Axios says has contributed to the slow pace in finding a new CEO. That would mean the last glimmer of hope TK loyalists have of Kalanick "pulling a Steve Jobs" and coming back to Uber would be gone.

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