Economics
TPG’s Trujillo Goes From Investor to Fixer Atop Troubled Uber
- Uber needs both spark and global transition: TPG’s Coulter
- Trujillo led firm’s investments in Vice, Uber, Airbnb, Spotify
What Kalanick's Resignation Means for the Future of Uber
Uber Technologies Inc.’s new board member, David Trujillo, spearheaded TPG’s investments in four startups now valued at more than $5 billion each. After a misstep by his boss, he’s taking a seat at one of the biggest -- and most precarious -- of them, whose fate increasingly lies in the hands of its investors.
Trujillo, 41, joined the board of Uber this week, replacing TPG Chairman David Bonderman, who resigned after making a sexist joke. Despite the awkward circumstances of his boardroom debut at the ride-sharing giant, Trujillo will likely settle in quickly, given his close ties to the company since leading TPG’s investment in 2013.