31–40 of 1001 posts
Would Marissa Mayer be a good fit for Uber CEO? Given that she just resigned from Yahoo, one would think the board would at least consider her. Unless they're going to choose the next CEO from within the company.
Hope everyone's paying attention to the identity of these investors behind this horrid behavior. Travis is not without his flaws but he created an awful lot of value for them. They pressure him into taking a sabbatical, then two days in they pull this cowardly act of firing him remotely. Not only was it a cowardly act, but it was the wrong thing to do for the business. It will lead to an epic destruction of value. Wo…
Better than abiding by an epic destruction of values.
It will be interesting to see Uber's HQ corporate culture shift from the wild-westworld crazy co to one who's cash cow is closely managed by the monied interests who will surely own the company from this point forward to ensure all future scandals are either quashed or kept under wraps... With that said, who should lead Uber?
Not sure I'd use 'cash cow' to describe something that bleeds cash to the tune of billions of dollars a year.
According to the article 5 different VC firms representing 40% of the voting shares asked him to resign today. Kalanick still controls the majority of voting shares and a board seat. Most of Kalanick's trouble started with Susan Fowler speaking out. Please believe women when they report harassment in the workplace. Many of their reports may not be as clear cut as Mrs. Fowler's.
Please investigate, not necessarily believe. Innocent til proven guilty still has some place in this world.. That being said, kudos to anyone courageous enough to speak the truth even at the risk of vilification.
All CEOs make mistakes even great ones like Gates with antitrust or Zuck calling users dumb-fucks. They weren't kicked out, they instead were allowed to come into their own.
There's a distinct fire that a founder has for the company they founded. You can't hire that. Without this fire at the early stages of a company, the company will likely lose out to competitors like Lyft.
A hiatus is one thing but kicking a founder out is simply bad.
Mark my word and take that to the bank. This was a bad move.
Hope everyone's paying attention to the identity of these investors behind this horrid behavior. Travis is not without his flaws but he created an awful lot of value for them. They pressure him into taking a sabbatical, then two days in they pull this cowardly act of firing him remotely. Not only was it a cowardly act, but it was the wrong thing to do for the business. It will lead to an epic destruction of value. Wo…