Uber

Uber CEO talks funding, regulation and what really happened during NYC free taxi week

June 18, 2013: 8:33 AM ET

121102034507-uber-iphone-app-gallery-horizontalUber CEO and NYC taxi commish sit down for a chat in Brooklyn.

FORTUNE -- On-demand car service Uber is not currently raising new venture capital funding, according to comments made by CEO Travis Kalanick last Friday at the Northside Festival in Brooklyn. It also hasn't raised any new capital since late 2011, nor have its early employees or investors sold any shares via "secondary" transactions.

This comes nearly two months after Kalanick first disputed a Reuters report that Uber was raising new money at a $1 billion valuation (Reuters later updated its story to include Kalanick's denial, although the original version remains intact on Reuters' UK website).

Kalanick was in Brooklyn to have a conversation about Uber, taxi "e-hails" and government regulation with David Yassky, commissioner of the city's Taxi and Limousine Commission. Yours truly served as moderator.

What follows are a series of video clips from the event. First up is the question of new funding:

What exactly happened during Uber's ill-fated "free taxi week?"

What Uber needs to prove to NYC during the year-long taxi pilot program:

What makes NYC different than all other markets?

Does Uber hire lobbyists?

Yassky and Kalanick on the future of ride-sharing:

  • Uber NYC and the Sandy Surge

    A popular startup's growing pains in the wake of Hurricane Sandy.

    By Hunter Walk, contributor

    FORTUNE -- While my hometown of New York City recovers from the aftermath of Hurricane Sandy, there's been a different verbal maelstrom here in Silicon Valley: The question of whether Uber NYC's "surge pricing" is gouging or simply an effort to balance supply and demand.

    Uber's an algorithm-driven company which responds to emotion with facts. However, especially in MORE

    Nov 2, 2012 11:37 AM ET
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