Earlier quoted context omitted.
OK Cupid blocked Firefox, a non-profit with less questionable business practices than most tech companies and certainly Uber, over Eich's quiet private donation which ought to be a smaller deal than systematic sexual harassment with consequences for victims instead of perpetrators (although the donation was proven while the harassment is alleged; I doubt this tips the scales of public sentiment though.) The overall r…
an interesting debate. if i build my company on abuse and shady tactics, but i now employ 10,000 employees, is it okay to let me get away with it because so many depend on me? This is the too-big-to-fail issue.
When a company is too big to fail it means that if it fails there's a systemic risk for an entire economy. Banks (and it's mostly banks), which are too big to fail are so interewoven with other banks, multinational companies and the economy as a whole that a failure can bring other institutions to the brink of exctinction and by extension wreck havoc on the entire economy.
Thousands of people out of a job does not mean too big to fail. No more being able to hail an Uber may be inconvenient, but it's no systemic risk to the economy.
Look at Enron. They had north of 20'000 employees when they imploded. And they where in a far more critical sector of the economy than Uber can ever dream to be. While it was brutal for the employees (who partially lost their life savings) and while I think there should be a special place in hell for the responsible executives Enron's demise had hardly any effects on the economy as a whole.
I'm not jumping on you personally. It's just that this too-big-to-fail nonsense in combination with Uber is thrown around an awful lot recently.
And it's utter bullshit.