<story><title>Uber Founder Travis Kalanick Is Leaving the Company’s Board of Directors</title><url>https://techcrunch.com/2019/12/24/uber-founder-travis-kalanick-is-leaving-the-companys-board-of-directors/</url></story><parent_chain></parent_chain><comment><author>Tomminn</author><text>While I don&amp;#x27;t think this is the case here, it&amp;#x27;s super interesting that leaving in disgrace can be a valid financial exit strategy. The founder and (ex) CEO of a company is able to sell 100% of their stock without causing a panic, under the condition there is another story which justifies it.&lt;p&gt;Suppose you were in a position where you thought poorly of the long term viability of the company. Wouldn&amp;#x27;t engineering a fallout with* the board be ultimately prudent?&lt;p&gt;*&amp;quot;with&amp;quot; here could even mean &amp;quot;in collaboration with&amp;quot;.</text></comment>
<story><title>Uber Founder Travis Kalanick Is Leaving the Company’s Board of Directors</title><url>https://techcrunch.com/2019/12/24/uber-founder-travis-kalanick-is-leaving-the-companys-board-of-directors/</url></story><parent_chain></parent_chain><comment><author>NelsonMinar</author><text>I wonder what impact him selling all his stock had on the share price. They floated 180M shares at IPO, Travis owned 117.5M. Average daily volume is about 25M shares.</text></comment>