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Uber Board to Discuss CEO Absence, Policy Changes: Source

nytimes.com

41–50 of 110 posts

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#41
Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches.

Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some cowardly vote from the board.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#42
post #40

This may not be the place for it, but: what's the deal with Uber not rolling out in Western Canada? I know the government hates them, but didn't they launch illegally like...everywhere else?

Vancouver was one of the first cities they launched in. And one of the first they got booted out of.

My personal theory is we're actually a crap market for Uber. We'd obviously love ride sharing but realistically the alternatives (transit, walkability, car share) are simply quite good. Even our cabs aren't that expensive compared to other cities where Uber has really caught on. We'd use Uber, just not that much.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#43
post #41

Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches. Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some coward…

So this isn't snark: explain to me what Uber's done that's "great"? They burn VC money in a trash bin in pursuit of a business model that looks totally nonviable unless one achieves a monopolistic position or pays below-minimum-wage rates (as that seems to be what the race to the bottom is for drivers).

I'd bet that the overwhelming majority of those board members were rich before Uber and will be rich after Uber dissipates.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#44
post #43
post #41

Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches. Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some coward…

So this isn't snark: explain to me what Uber's done that's "great"? They burn VC money in a trash bin in pursuit of a business model that looks totally nonviable unless one achieves a monopolistic position or pays below-minimum-wage rates (as that seems to be what the race to the bottom is for drivers). I'd bet that the overwhelming majority of those board members were rich before Uber and will be rich after Uber dis…

their drivers are the training set for their self driving cars.

thats how they want to become profitable.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#45
post #41

Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches. Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some coward…

The market is punishing Uber for a lack of basic human decency. Good.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#46
post #41

Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches. Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some coward…

The board didn't ride his coattails -- the board's money is the reason the company still exists.

Your argument about "coattails," and your Steve Jobs example, make it seem like you believe that a company exists for the benefit of its founders. That's true if the entire company is the founders in a garage making things, but it all changes once the company takes outside investment -- after that, the company exists for the benefit of its shareholders.

The board has a right to make sure the company is run well -- they company gave the board that right in exchange for the board's money. If the CEO is hurting the company, its investors, and its employees, it is good for the board to step in and prevent him from doing so, even if he was the founder.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#47
post #43
post #41

Sorry to be crass, but fuck this. I hate Travis's attitude as much as anyone, but no man who has achieved something as great as Uber deserves to go out like this--at the hands of some board members who rode his coat tail to riches. Reminds me of Apple marginalizing Steve Jobs. Fuck that. I want to see Travis face up to his immoral bullshit as much as anyone, but by Lyft pummeling Uber into the ground, not some coward…

So this isn't snark: explain to me what Uber's done that's "great"? They burn VC money in a trash bin in pursuit of a business model that looks totally nonviable unless one achieves a monopolistic position or pays below-minimum-wage rates (as that seems to be what the race to the bottom is for drivers). I'd bet that the overwhelming majority of those board members were rich before Uber and will be rich after Uber dis…

You can say it's a great waste if you'd like. But it is huge. Ubiquitous. World-changing. Uber will be in history books, whether or not it pans out as a valuable company: we'll see. But it has already earned its greatness, even if said greatness was just burning billions of dollars to transform our world.

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#49
Now there is reporting that Chief Business Officer, Emil Michael is out as well. [1][2] I guess the Holder investigation wasn't as toothless as people had initially worried.

[1] http://www.businessinsider.com/emil-michael-uber-chief-busin...

[2] https://www.axios.com/top-uber-exec-emil-michael-to-resign-2...

Re: Uber Board to Discuss CEO Absence, Policy Changes: Source

#50
post #47
post #43

Earlier quoted context omitted.

So this isn't snark: explain to me what Uber's done that's "great"? They burn VC money in a trash bin in pursuit of a business model that looks totally nonviable unless one achieves a monopolistic position or pays below-minimum-wage rates (as that seems to be what the race to the bottom is for drivers). I'd bet that the overwhelming majority of those board members were rich before Uber and will be rich after Uber dis…

You can say it's a great waste if you'd like. But it is huge. Ubiquitous. World-changing. Uber will be in history books, whether or not it pans out as a valuable company: we'll see. But it has already earned its greatness, even if said greatness was just burning billions of dollars to transform our world.

Uber is going to burn billions of dollars and what change have they affected with it? That taxi companies now have phone apps?
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