8/10: Benchmark Capital sues Travis Kalanick for fraud; Payment giant PayPal buys Philly-area's Swift




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Scoop: Benchmark Capital sues Travis Kalanick for fraud (Axios)

Longtime Uber exec Ryan Graves to leave company but remain on board (LA Times)
"It was also Graves, the CEO at the time, who brought in the venture capital firm First Round Capital as Uber’s first big investor."
Maybe so, but I had always assumed it was Josh Kopelman's prior relationship with Garrett Camp through StumbleUpon that led to the connection.

Blue Apron Stock Is Now Worth Far Less Than One of Its Meals (Bloomberg)

Payment giant PayPal buys Philly-area's Swift
(Philly.com)
This is very interesting.


Why Everyone Is Hating on IBM Watson—Including the People Who Helped Make It (Gizmodo)

Amazon could start selling event tickets in the U.S. (TechCrunch)

Rethinking ERP buyers, from cloud ERP to vendor selection – with Gabriel Gheorghiu (Diginomica)

Salesforce’s Disruptor Won’t Be A CRM Company (Tom Tunguz)
Microsoft would be a good bet, by his thesis.




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