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Stock impact report

The head of Travis Kalanick's restaurant tech startup is leaving after 5 years [Business Insider]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Otter's new head is Ashvin Kumar, who most recently worked at fintech Affirm. Otter is a nearly $70 million a year business, Travis Kalanick wrote in an email to staff. One of Travis Kalanick's key businesses just named a new leader, according to a company email reviewed by Business Insider. Guido Gabrielli is leaving Otter, the restaurant tech arm of City Storage Systems, per the company email sent by Kalanick. He is replaced by entrepreneur Ashvin Kumar, who comes from Affirm. Gabrielli is "moving on to a new chapter in his career of substance," Kalanick wrote about Otter's head, who joined the company from Uber. "He has been a part of CSS since the early days, with us for 5 years and has taken Otter from a scrappy upstart to the almost $70mm/yr business it is today." Otter's global businesses include order management for platforms such as DoorDash, a virtual-menu arm , a revenue-recapture business that claws back money owed to restaurants, and a point-of-sale system. I Show less Read more
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