Ousted Uber CEO Travis Kalanick is reportedly planning to sell $1.4 billion of shares in Uber

Getty Images Former Uber CEO Travis Kalanick is reportedly planning to sell off $1.4 billion worth of shares in Uber to SoftBank. SoftBank recently negotiated a deal to buy up Uber shares from investors and employees at a 30% discount, in a deal valuing the startup at $48 billion. Kalanick had long boasted that he had never sold any Uber equity, ever. Former Uber CEO Travis Kalanick is planning to sell 29% of his shares in the car-ride company in a deal valued at about $1.4 billion, reports Bloo...