Kalanick's VC Bashing: A Pattern of Pain and Progress Travis Kalanick's latest broadside against venture capital firms has sparked debate about accountability in the startup ecosystem.
His experiences with VCs have been complicated, to say the least – as a former Uber CEO who raised $15 billion in VC funding during his tenure. Kalanick's perspective on VCs is multifaceted and candid.
He acknowledges that some investors are helpful – around 10% of them, by his estimate – while others are more like "chess enthusiasts" who drop in occasionally to check on progress.