Uber co-founder and CEO Travis Kalanick says the startup is not raising funding, as an exclusive Reuters story published earlier today states.
In response to questions from Skift requesting more details on the startup’s round of funding, Kalanick responded:
The Reuters story is completely false and the product of extremely poor reporting and journalistic ethic.
This company has not pitched a single investor since November 2011 and has not sought any funding whatsoever since then.
Thanks,
Travis
CEO, Uber
Kalanick did not comment on the $1 billion valuation.
Uber was approved on Friday to be the first e-hail app participant in New York’s one-year E-Hail Pilot Program.
Subscribe to Skift Pro to get unlimited access to stories like these
{{monthly_count}} of {{monthly_limit}} Free Stories Read
Subscribe NowAlready a member? Sign in here
Subscribe to Skift Pro to get unlimited access to stories like these
Your story count resets on {{monthly_reset}}
Already a member? Sign in here
Subscribe to Skift Pro to get unlimited access to stories like these
Already a member? Sign in here