Of rides & rivals: Travis Kalanick on Uber’s capital strategy, competition with Lyft

Travis Kalanick said the Uber–Lyft rivalry became a battle for venture capital as much as riders. Uber used fundraising as a strategic weapon, attracting massive investor demand. After leaving Uber, Kalanick launched CloudKitchens and later Atoms, focusing on food delivery infrastructure, robotics and automation while expanding operations across several global markets.