Kalanick has always been on the board. He never left, but he has struggled to appoint two new board members, which results in Benchmark suing Kalanick. It is specualted SoftBank's investment is to reduce Kalanick's power on the board. Also, I don't think anyone in their right mind would want Kalanick back as CEO; perhaps in the future like Steve Jobs. But Kalanick has much to learn, despite I do feel bad for him for losing his beloved mother while he was ousted as the CEO, regardless of how he ran his company. He basically lost two things he has loved a lot, accordingly to him, which I can understand from my own experience.
In anyway, SoftBank is known for very acute investment, so with SoftBank stepping in, the board won't allow any more fuck-ups. Though I am very surprised SB didn't invest in Uber early on...
In anyway, SoftBank is known for very acute investment, so with SoftBank stepping in, the board won't allow any more fuck-ups. Though I am very surprised SB didn't invest in Uber early on...