The CEO Of Uber Proudly Admits He Tried To Nuke His Biggest Rival's Funding Raising

Uber CEO Travis Kalanick admitted to trying to torpedo funding efforts of his biggest rival, Lyft.

In a profile of Kalanick for Vanity Fair, Kara Swisher reports the following:

"We knew that Lyft was going to raise a ton of money," says Kalanick. "And we are going [to their investors], 'Just so you know, we're going to be fund-raising after this, so before you decide whether you want to invest in them, just make sure you know that we are going to be fund-raising immediately after.' " It's part of what seems to be an unabashed effort to kneecap Lyft. In August, it was revealed that Uber was employing some dicey tactics by sending so-called brand ambassadors to order Lyft rides undercover and then persuade the drivers to defect to Uber.

Uber, if you're not aware, allows people to quickly and easily order a car from their phone. Lyft does the exact same thing.

This quote from Kalanick is a vivid illustration of the nasty fight between these two companies. They've tried to steal each others drivers. Uber is poaching Lyft executives. They've accused each other of other shady schemes like ordering cabs then canceling them.

We've never heard a CEO openly admit to trying to nuke a rival's fundraising. We're sure it happens all the time, we've just never heard anyone talk about it out loud.