Power struggles have been fierce - an early and large investor, Benchmark Capital, sued in August to force co-founder and former CEO Travis Kalanick off the board. Meanwhile,
Uber has been struggling with controversies including federal criminal probes, a massive data breach and a lawsuit claiming trade-secrets theft.
SoftBank also has stakes in China ride-hailing app Didi, India’s Ola and Southeast Asia’s Grab, all of which compete with Uber in the region.
The Financial Times first reported Misra’s comments earlier Thursday.
SoftBank had no trouble drumming up interest among shareholders, as many investors and employees were unable to sell as many shares as they would have liked because SoftBank had put limits on how much it would buy.