Is Uber Heading For A 40% Discount Down-Round?
![Is Uber Heading For A 40% Discount Down-Round? Is Uber Heading For A 40% Discount Down-Round?](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/3271a8b5b4f3246a6a98475ba87fd893-600x268.jpg?itok=AHppDlcn)
And the hits keep coming for the unicornest unicorn in all of unicorn-land...
First, for those hoping for a 'return of the king' moment, Recode reports that Travis Kalanick is not coming back as CEO of Uber. That's according to board member Garrett Camp, who sent an email to employees yesterday, addressing recent reports that Kalanick was “Steve Jobs-ing it” and attempting a comeback; the Uber board is said to have narrowed down its search for a replacement to four people.