A cofounder of one of the first ride-sharing services is jumping from GM to Uber

Uber CEO Travis Kalanick speaks to students during an interaction at the Indian Institute of Technology (IIT) campus in Mumbai, India, January 19, 2016. REUTERS/Danish Siddiqui

(Thomson Reuters)
Uber CEO Kalanick speaks to students during an interaction at IIT campus in Mumbai

Uber drove Sidecar out of the market, but it's poaching Sidecar's talented cofounders in its wake.

Sidecar's cofounder and CTO Jahan Khanna is leaving GM to join Uber, according to Fortune's Kia Kokalitcheva.

In 2011, Sidecar was one of the earliest ride-hailing companies, but faced trouble once Uber and Lyft entered the market with war chests of cash to push prices down.

After four years of fighting against Uber, Sidecar was eventually acquired in December 2015 by General Motors.

A few weeks later, GM then invested in Lyft and launched Maven, its bet on the future when no one owns car.

Now, three months after GM acquired Sidecar and invested in rival Lyft, Khanna is moving to Uber to lead its Vehicle Solutions growth team, which covers projects like Uber's car-leasing program for drivers.

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