In December 2014, Uber held its annual holiday party on an unfurnished floor at its swank, mood-lit headquarters in San Francisco. Employees and investors attended in flamboyant attire from the “Roaring ‘20s” and drank at an open bar into the early morning hours.
The majestic Senate majority leader suite in the U.S. Capitol was still Harry Reid’s in September when he eagerly scooched his leather chair across the Oriental rug to gaze at something that, he was told, would change transportation forever.
Silicon Valley has its fair share of venture capitalists, eager for a chance to get in on the ground-floor of the hottest new startup. We hear about it practically every week when there are funding announcements. But sometimes we don’t hear what companies get beyond the financial support.
Some Uber investors are demanding that the company inspect its records to find evidence of Benchmark Capital leaking confidential information to employees and others.
Early Uber investor and former board member Shervin Pishevar is speaking out against Benchmark again. This time, he penned a letter to Uber’s board, demanding that Benchmark drop its lawsuit against the company.
In a bid to quell its acrimonious leadership and secure a vital funding round, Uber’s board unanimously voted to overhaul its corporate governance and limit the influence of early stakeholders including its controversial co-founder, Travis Kalanick.
In 2013, irked by the $68 billion (£51 billion) cost of California’s high-speed rail project, Elon Musk proposed an alternative. He called it the Hyperloop: levitating pods that would travel in near-vacuum tubes at near the speed of sound.
It's not every day that the clubby world of venture capital engages in open warfare among investors. Even less so when the feud involves a 250-word missive laced with fiery language, metaphors, and Latin edicts worthy of a Middle-earth battlefield speech, or a roof-shaking sermon ...
Early Uber investor and former board member Shervin Pishevar has been weighing in on Benchmark’s lawsuit with former CEO Travis Kalanick. We’ve just received this interesting statement that he wrote last week.
Hyperloop One — one of two startups trying to make Elon Musk’s dream of high-speed transportation a reality — is being sued by its recently ousted co-founder and three other current and former employees.
Shervin Pishevar, investor to the stars and the founder of Sherpa Capital and Hyperloop One – Elon Musk’s wild idea to shoot folks in a vacuum tube from San Francisco to Los Angeles in less than 30 minutes – is coming to Disrupt SF 2016.
Some of Uber’s top investors appear to be engaged in a civil war, underscoring the deep chaos that has sown behind the scenes.
"I don't want to be remembered as the guy that put a train in a tube" is the quote du jour from Hyperloop One's Josh Giegel. Giegel and co-founder Shervin Pishevar have been showing off a revised vision for how the future of public transportation will operate that moves far beyond intercity travel.
Earlier this year while researching Forbes’ Celebrity 100 issue, I kept hearing about this man named Shervin Pishevar, a relatively new venture capitalist at Menlo Ventures.
Shortly after a group of Uber shareholders asked Benchmark to relinquish its spot on Uber’s board of directors, Sherpa Capital’s Shervin Pishevar is petitioning Benchmark via Change.org to remove itself from Uber’s board.
Shervin Pishevar, well-known venture capitalist and co-founder in the two-year-old L.A.-based futuristic transportation company Hyperloop One came to TechCrunch Disrupt today to chat about shooting across the world people and things — faster than the speed of sound.
Shervin Pishevar is a technology investor who was an early backer of Uber. He also writes letters.
Hyperloop One co-founders Shervin Pishevar and Josh Giegel are promising the Earth -- or at the very least they are promising to bring everyplace on the Earth to your doorstep.
Democratic senators looking to distance themselves from investor and Virgin Hyperloop One cofounder Shervin Pishevar have donated the money he contributed to their 2020 campaigns. The move follows a recent news report, wherin several women came forward to accuse Pishevar of sexual harassment.
According to Pishevar's arguments, California would be the sixth largest economy in the world. Already Silicon Valley venture capitalists and tech CEOs, like Dave Morin, are backing Pishevar's plan to make California its own nation.
Pishevar was firmly on Team Kalanick, The opposition was Team Benchmark. Benchmark is an investor in Uber and a board member. The VC firm sued Kalanick and has been trying to force him off the board.
In the wake of Donald Trump's stunning victory in the presidential election, there's a growing movement among liberals in California for the state to secede from the United States —a so-called "Calexit," after the UK's own Brexit.
Shervin Pishevar, the investor probably best known for being an early investor in Uber, has led an incredible life. His dad escaped back to the US, where he worked as a cab driver while studying for a PhD.
Sherpa Capital, the private capital fund run by Scott Stanford and Shervin Pishevar, has closed on $470 million and launched two new funds: Sherpa Ventures II, an early stage venture fund and a mid-stage fund called Sherpa Everest, bringing the total now raised up to $630 million.
Uber investor Shervin Pishevar, who is trying to make other Uber Investor Benchmark’s life a holy hell, has filed yet another legal bullet today, demanding company paperwork on whether Benchmark leaked confidential information.
Two of Uber’s top investors, Shervin Pishevar and Steve Russell, are threatening to sue three board members—including former CEO Travis Kalanick—if they vote in favor of a pending proposal that would remove “supervoting” powers on the company’s board of directors.
The litigation — extremely rare in the cozy world of Silicon Valley investing — has exposed deep and bitter divisions between Uber's backers. "I look forward to working with my friend and fellow Iranian American Mr. Khosrowshahi," Pishevar went on to say.
Sometimes the greatest art comes from a place of pain. After being forcibly ousted from his position as CEO of Uber in June, Travis Kalanick , the venture-capital firm that was an early investor in the company and holds a seat on its board.
Sherpa Capital, the San Francisco-based venture capital firm led by Shervin Pishevar and Scott Stanford, on Thursday announced that it has raised $470 million for a pair of new funds.
Still, the movement as a whole won its first major backer on election night when Pishevar, a well-known angel investor and cofounder of Hyperloop One, said on Twitter that he would bankroll a campaign to make California its own nation if Trump won.
It could be one of the most outrageous smear campaigns in modern corporate history or an attempt by a prominent tech investor to preempt negative media coverage of his misdeeds. Or both.
Uber's Machiavellian drama rumbles on. The latest board-level spat involves early investor Shervin Pishevar, shareholder Benchmark Capital, and board member Arianna Huffington.
SAN FRANCISCO — A group of investors in the ride-hailing company Uber has formed an alliance to push Benchmark, a major shareholder, off the company’s board of directors, the latest escalation of a public feud in Uber’s top ranks.
Look, it's my own fault. Last month I asked Pando investor Shervin Pishevar for a favor: Would he (and other Pando investors like Peter Thiel) please stop palling around with murderous despots?
After Hillary Clinton conceded the election to Trump, Pishevar said that he is 100 per cent serious about the proposal and already has a name for the potential sovereign body. In taking steps towards making this happen, Pishevar resigned from the prestigious J.
Early Uber investor Shervin Pishevar sent Benchmark Capital another letter asking the firm to step away from the company’s board of directors.
Updated | It began with a tweet, as so much does these days. The first shot in the coming war was fired in a 140-character burst by Shervin Pishevar, a venture capitalist in Silicon Valley.
On Friday, they will cast ballots in their presidential elections—precisely because they do not believe in their system. “However much you remove yourself from politics, you’re still inside this system” read the meme imploring me to vote during my last visit to Tehran in 2016.
Late on a Saturday evening in San Francisco, at a party filled with tech workers, people keep retreating to odd corners to stare at their phones.
SGN founder Shervin Pishevar, jetlagged and sleep deprived on a “secret mision” trip to Eastern Europe, wrote a long and partially lucid email to friends last night.
It was August 2013 that Elon Musk, under pressure from Shervin Pishevar, published his white paper on the Hyperloop. Just three years and seven months later, and the world's first Hyperloop tube has been declared ready for testing.
As the tech sector vies for a larger role in national politics, it has to contend with the libertarian isolationists in its ranks. In 2008, I didn’t have money to donate, says Shervin Pishevar as we coast through the manicured streets of Palo Alto in his shiny black Prius.
Back in 2011, when Scott Stanford and Shervin Pishevar led separate investments in Uber’s $37 million Series B round back in 2011, fellow investors and other friends scoffed.
Venture capitalist Shervin Pishevar made a bold promise two years ago as he sought funding for his new Los Angeles company, Hyperloop Technologies Inc.
Hyperloop One co-founders Josh Giegel and Shervin Pishevar provided details about how its massive, high-speed transit system would work at the Web Summit conference in Lisbon, Portugal last week.
Uber investor Shervin Pishevar revealed a lot more details on Thursday about the infighting going on within Uber's board. He's referring to a boating accident in May that killed Kalanick's mother and injured his father.
Hyperloop One's high-speed transportation solution could reach India in the near future. That's the plan, at least. Hyperloop One executives, including CEO Rob Lloyd and chief chairman Shervin Pishevar spent three hours in a room packed of Indian government officials and journalists on Tuesday.
Two of Silicon Valley’s best-connected investors have closed their first fund as their own venture firm, SherpaVentures. They met because of Uber, and Shervin Pishevar and and Scott Stanford now have $154 million to find the next $18 billion success story.
As voting results increasingly turned in Donald Trump's favor Tuesday night, venture capitalist and Hyperloop One co-founder Shervin Pishevar started tweeting. Other California entrepreneurs started chiming in: "I support you in this effort let me know what I can do to help," tweeted Design Inc.
Uber investor Shervin Pishevar filed a letter he sent to the board of the car-hailing company today, saying he was intervening in thelawsuit brought by Benchmark against ousted CEO Travis Kalanick. Yes, more mess at Uber, although it is not clear what Pishevar means by “intervene.