Forbes

Travis Kalanick

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After resigning in disgrace as CEO of Uber, Kalanick is back in full swing with his secretive “ghost kitchen” startup, CloudKitch­ens. It was valued at $15 billion by investors—including Microsoft, reportedly—in November 2021. Food delivery stocks have since cratered, knocking an estimated 70% o– the valuation, but it’s still up enough to make him one of 22 former Forbes 400 members to return to the ranks this year. It’s unclear if he has learned anything: Reports from inside CloudKitch­ens indicate the company has high turnover and is su–ering from the same toxic workplace culture problems as Uber.

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