171–180 of 241 posts
What is the role of "President" of the company? Where does that title fit in to an org chart or relate to the C-level execs? I am not familiar with this title in tech companies.
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It's dangerous to make predictions like that. We've seen worse companies last longer. In the 2008 financial crisis, people from the bottom to the top committed outright fraud; swallowing up other banks whole (PNC bought National City for $5 billion; then got a $5 billion tax credit .. they bought National City for free .. NC wasn't allowed to apply for TARP). Ford sold tank treads to Germany. IBM made punch cards for…
You still haven't explained why it's dangerous to make this prediction, you've just disagreed with it.
In literally the second sentence of his response: "We've seen worse companies last longer."
Now, Uber's current combination of all its troubles does not paint a pretty picture, but a resignation of a top exec and a PR nightmare simultaneously aren't really things that would definitively sink a multi-billion dollar company.
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>But that's not what any of the recent talk about Uber is about. The issues are about being there as an employee, the culture they promote, and the values they espouse. I really think it is related, though. Those values flow from the top down, and when executives set the tone for treating people unfairly the rest of the business will suffer down to the lowest level of employees.
That's what media has you believe. And you fell for it, and probably made them some money with pageviews. Sure there are many problems with Uber, but user-facing is not one. You saying 'I really think it's related' is just your opinion, and every ordinary person I know (who don't hate them for social justice purposes) love Uber and their service.
No, being left stranded in the middle of nowhere because of Uber payment issues in the past has me believe this.
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>But that's not what any of the recent talk about Uber is about. The issues are about being there as an employee, the culture they promote, and the values they espouse. I really think it is related, though. Those values flow from the top down, and when executives set the tone for treating people unfairly the rest of the business will suffer down to the lowest level of employees.
That's what media has you believe. And you fell for it, and probably made them some money with pageviews. Sure there are many problems with Uber, but user-facing is not one. You saying 'I really think it's related' is just your opinion, and every ordinary person I know (who don't hate them for social justice purposes) love Uber and their service.
No, being left stranded in the middle of nowhere because of Uber payment issues in the past has me believe this.
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Best for who? It's better for riders if rates stay unsustainably low and they can get discounted rides at the expense of VCs.
Exceptionally low rates means the cars that are picking people up are not the quality of cars people want to be riding in, nor the quality of drivers they want to be riding with.
As long as the drivers are getting paid well, whether it be from fares paid by riders or by VC subsidies, it will attract "quality" cars and drivers.
A separate issue is the sustainability of subsidizing driver wages from VCs by keeping rider fares artificially low.
This Uber story, where scandals just kept dropping struck me as very suspicious. Like Google just randomly got CCed by a supplier? You want me to believe that? I was suspicious but who could be behind it, and why? Who is telling people to air the dirt that's undoubtedly very real, but that they have been just sitting on for a long time, at this particular moment? I recently learned that Kalanick is very close to Trum…
Given that he quit just in six months, probably he did not even wait for his RSU grants to mature (1 year cliff for stock grants). The situation might be much worse that what appears.
I really don't think he needs the money after being CMO at Target. This is what having fuck-you-money gets you: The ability to walk away not care about the financial consequences.
People are funny. Millionaires get billionaire-envy and are sometimes willing to risk jail to add the extra zeros.
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Not sure if this update came before the HN share, but this is a very explosive statement from Jones: “It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business."
In the most polite and urbane way possible, he's calling them toxic; in a world full of pretty toxic people and practices, he's calling them out. Until this moment I wasn't sold on the idea that Uber was going to actually die from this, now...
I myself was a die hard supporter of uber and its behavior of breaking corrupt laws.... up until the last month or so with the recent controversies.
Toxic is toxic I guess.
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Not sure if this update came before the HN share, but this is a very explosive statement from Jones: “It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business."
It is so strange that high level executive says something like this about the company he is leaving. Burning bridges like this? Could it be that he was part of the problem and attack is the best defense? Because I cannot find any other reason why somebody would do this. It is also strange to say that because he was no. 2 in the company and if you are no. 2 you should be able to fix things you do not like.
Earlier quoted context omitted.
Not sure if this update came before the HN share, but this is a very explosive statement from Jones: “It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business."
It is so strange that high level executive says something like this about the company he is leaving. Burning bridges like this? Could it be that he was part of the problem and attack is the best defense? Because I cannot find any other reason why somebody would do this. It is also strange to say that because he was no. 2 in the company and if you are no. 2 you should be able to fix things you do not like.
Burning bridges with Uber is a benefit to him. He can use that fire to burn away the bad smell from them before it taints him permanently.