Travis Kalanick criticizes venture capitalists after raising $1.7B for Atoms
Travis Kalanick, after successfully raising $1.7 billion for his robotics company Atoms, has criticized the venture capital industry, claiming that only 1% of VCs are truly helpful. The former Uber CEO's comments reflect his reflective stance on the role investors have played throughout his entrepreneurial career.
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Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’
Travis Kalanick, fresh off raising $1.7 billion for his robotics company Atoms, has publicly criticized venture capitalists, claiming that only 1% are truly helpful. This marks another instance of the former Uber CEO voicing skepticism about the VC industry despite his continued reliance on venture funding for his ventures.
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