Expedia’s Khosrowshahi tapped to lead Uber
Uber’s board reportedly voted to hire Dara Khosrowshahi, CEO of Expedia, to head the ride-sharing giant. Both Meg Whitman and Jeff Immelt had been in the running but failed to win support of a majority of directors under the terms they sought. Uber has been without a CEO since June 20, when founder Travis Kalanick stepped down under pressure from major shareholders.
VCs more active in Latin America
Venture investors are doing more deals in Latin America and recently launched a few new funds dedicated to the region, Crunchbase News reports. Still, it remains a small VC ecosystem, with only about $500 million going to startups in the region last year.
U.S.-educated founders scale in Asia
Some of the most-heavily-funded companies in Asia have founders who went to schools in the U.S., according to a Crunchbase News analysis. Among the top ten most funded companies in Asia with U.S.-schooled founders, five have already raised over a billion, and all have made Crunchbase’s Unicorn Board.
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