Travis Kalanick: I See A Trainwreck Coming!

Travis Kalanick is walking away from Uber after the company got tired of his antics.

The co-founder of social media ridesharing service Uber is walking away from everything. He's no longer involved and doesn't want no part of what the rideshare company.

Travis Kalanick, the controversial media personality and business mogul has decided to "quit" the company he's founded.

Let's rewind back to the infamous video where Kalanick leaving an event gets heated by an Uber driver after a confrontation over the company lowering rates on exclusive rides.



Kalanick was the former CEO of the ride-hailing giant. He sold his last 5.8 million shares of the company, worth more than $177 million, on Dec. 20, according to a U.S. Securities and Exchange Commission filing out Thursday. Since Nov. 6, Kalanick has sold his entire stake, worth about $2.8 billion, a series of filings showed.

Uber and Lyft has nearly put taxi companies out of business.

He has now completely severed his ties with Uber after resigning from the company’s board of directors on Tuesday. His last day of service will be Dec. 31.

Kalanick said that he is “proud of all that Uber has achieved” and that he will “continue to cheer for its future from the sidelines.”

Uber shares debuted on the New York Stock Exchange on May 10, at a price of $45 apiece. They have fallen more than 30 percent since, lowering the company's market capitalization from about $82 billion to $52 billion.

Kalanick resigned as Uber’s chief executive in June 2017 after some of the company’s largest investors scrutinized the handling of harassment and discrimination complaints. He recently started CloudKitchens, a provider of smart kitchens for delivery-only restaurants.