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Home / netherlands / Former CEO of Booking.com makes very good money on upcoming Uber IPO | NOW

Former CEO of Booking.com makes very good money on upcoming Uber IPO | NOW



Kees Koolen, former CEO of Booking.com, will sell a small portion of his interest in the company at Uber's upcoming IPO. This brings him between 11 and 12.5 million dollars (transferred between 9.9 and 11.3 million euros).

This is apparent from the prospectus published by Uber last week. According to the document, Koolen has 6.6 million shares in Uber. It sells 252,000 of them.

Uber expects a $ 44 to $ 50 per share IPO that is likely to take place next month. The taxi company hopes the stock market will appreciate $ 91.5 billion.

In 1997, Koolen invested in Booking.com, which was founded a year earlier. He later became CEO of the company. Koolen is also a rally racer.

Koolen is definitely not the only shareholder selling shares. Founder Travis Kalanick sells 3.7 million shares, top Uber sells nearly 14 million shares in total.


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