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Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

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Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#4
post #2

Uber has lots of bad PR, but it doesn't stop the company from growing. It's expected to go public at a valuation of 50-100 billion in a few years... I think that says it all.

A high valuation/IPO "says it all" in answer to concerns about the company's ethics?

Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#5
post #4
post #2

Uber has lots of bad PR, but it doesn't stop the company from growing. It's expected to go public at a valuation of 50-100 billion in a few years... I think that says it all.

A high valuation/IPO "says it all" in answer to concerns about the company's ethics?

I think ethics is a secondary issue that can be dealt with, at least in Uber's case.

Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#7
post #2

Uber has lots of bad PR, but it doesn't stop the company from growing. It's expected to go public at a valuation of 50-100 billion in a few years... I think that says it all.

It wouldn't be the first company to be rewarded in spite of bad behavior, that's for sure, and I'm sure the fraternity network doesn't hurt.

Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#8
post #4
post #2

Uber has lots of bad PR, but it doesn't stop the company from growing. It's expected to go public at a valuation of 50-100 billion in a few years... I think that says it all.

A high valuation/IPO "says it all" in answer to concerns about the company's ethics?

Welcome to capitalism.

Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#9
The bummer is that the bullshit misogyny feels like it's been running pretty rampant for some time, though maybe it's only lately that we're seeing the sort of graduating class of this particular brand of ethically vapid growth-hacked shops seeing some success (Uber, Tinder, Genius...)

I like making things, but the part of our industry that manages to sustain such an asshole-farm gets me wishing I'd chosen a different career path sometimes.

Kudos to Thiel on this, though. I think the quickest way for the culture to change is for folks to stop funding it.

Re: Peter Thiel: Uber is most ethically challenged company in Silicon Valley [video]

#10
I think Thiel is an investor in an Uber competitor. If so, I'm sure this would bias his opinion. If he were an Uber investor, I doubt he would be saying this. Which implies a weird sort of ethical dilemma - where money invested makes the person not say things about ethics. Just as I'm sure Microsoft investors in the 1990's didn't call out Microsoft for its monopolistic tendencies.
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