Travis Kalanick Says Only 1% of VCs Are Helpful After Raising $1.7B for Atoms

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Uber co-founder Travis Kalanick has publicly criticized the venture capital community, claiming that only 1% of VCs are genuinely helpful. His remarks came after successfully raising $1.7 billion for his new robotics venture, Atoms. Kalanick appears to be reflecting on the role investors have played throughout his entrepreneurial career. The comments mark another instance of the outspoken founder taking aim at the VC industry.

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