Travis Kalanick, co-founder and CEO of ride-hailing service Uber, said Wednesday he's going to take as long as possible to go public — responding to critics and stressing he's focused on product and innovation, not liquidity.
"We are 5½-years old. And it's a little early in our lifecycle go there," Kalanick told CNBC's "Squawk Box," referring to the IPO process. "We'll go there eventually. We have to find liquidity for ... [investors]."
Back in February, Union Square Ventures partner Fred Wilson was critical of Kalanick, saying: "He's wimping out. [Uber] should be a publicly traded company. ... You have a responsibility to give me my money back sometime."
Kalanick told CNBC that Wilson does not have money in Uber. "He passed on the Series B [funding round,] if I remember correctly. That was a $300 million valuation. Just putting that out there."
The Series B closed in January 2012. Since then, Uber's valuation has skyrocketed, currently estimated at about $62 billion.
Listening to the interview, CNBC's Kayla Tausche tweeted out Kalanick's response to Wilson. Moments later, Wilson responded to her tweet, writing Kalanick was "correct" about his passing on Uber.