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Uber running into big trouble with quiet investor

VC firm Benchmark alleging dark secrets in addition to lawsuit for fraud against ex-CEO

Mr Gurley has warned startups of irrational exuberance in recent years, saying that a combination of easy money, high valuations and reckless spending had created a "risk bubble" in the industry.

San Francisco

FOR the past week, Uber's board members have been embroiled in conversations over a thorny question: what to do about Benchmark, the venture capital firm that is one of the ride-hailing company's largest shareholders.

While Benchmark...

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