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Uber president Jeff Jones is quitting

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Re: Uber president Jeff Jones is quitting

#61

Post by elvinyung »

fluxic wrote: post #60

Update 1: > Travis Kalanick just sent out a company-wide email. It essentially says after Uber said it was naming a COO, Jones decided to leave. [0] https://twitter.com/MikeIsaac/status/843586902817099777 Update 2: Ex-president Jones makes statement > "I joined Uber because of its Mission [sic], and the challenge to build global capabilities that would help the company mature and thrive long-term. "It is now clear, h…

Haha, from the follow-up tweets[1]:

> one or two back-handed compliments in there. but alas.

> (one imagines taking the high road would have been a better decision here. but hey, im not an exec)

[1]: https://twitter.com/MikeIsaac/status/843587293428375553

Re: Uber president Jeff Jones is quitting

#62

Post by nomnombunty »

TheCowboy wrote: post #36
taude wrote: post #29

Earlier quoted context omitted.

I agree. There's enough social awareness that people don't want to support a company run by jerks like Travis Kalanick. In an era with socially conscious consumers, integrity of leadership matters. It is easy enough to switch to Lyft (I live in major metropolitan area) without any inconvenience. And the Lyft driver's I've talked with about all the controversy say they make more $$$ and are happier driving for Lyft.

There is still the problem that without the competition that Uber provides, Lyft likely becomes a more typical company and begins increasing their margins in ways that customers and employees dislike.

Lyft's valuation is still 1/10th of Uber's. I don't think we need to worry too much about Uber going under anytime in the near future. Uber still has another 10B in the bank. As a consumer, I am supporting Lyft so that they might live another day to keep the competition going

Re: Uber president Jeff Jones is quitting

#63

Post by jonathankoren »

daenney wrote: post #41
nananonymous wrote: post #7

Meta: how can you write an article about Uber's president leaving and leave out the massive lawsuit from Google's parent company?

Because they're unrelated? Mixing in the Waymo suit does nothing to clarify the situation around Jones. Sure it's juicy, but it's a different story.

Not necessarily. It broke within six months. It's believable that he didn't know anything about the parentage of Otto, and when the lawsuit hit, he realized just how screwed up of a situation he found himself in and bailed.

We can't say it is related, but we can't say it's not related either.

Re: Uber president Jeff Jones is quitting

#64

Post by [deleted] »

daenney wrote: post #41
nananonymous wrote: post #7

Meta: how can you write an article about Uber's president leaving and leave out the massive lawsuit from Google's parent company?

Because they're unrelated? Mixing in the Waymo suit does nothing to clarify the situation around Jones. Sure it's juicy, but it's a different story.

[deleted]

Re: Uber president Jeff Jones is quitting

#66

Post by dharmon »

jimmywanger wrote: post #49
dharmon wrote: post #34

Earlier quoted context omitted.

There's an important difference: compensation. If a losing team wants a winning coach, they will either have to settle for someone inexperienced, or pay up to get someone experienced in turnaround situations. Same with companies, except with turnarounds the most substantial part of compensation is the company's stock. If the turnaround is successful, the executive will get wildly rich as the stock appreciates (and ri…

> pay up to get someone experienced in turnaround situations. To your point, in the business world, if you've already gone through the turnaround experience, you're probably already very well compensated. The one big thing that you can dangle in front of good candidates is a more powerful position or more responsibility. Hire a COO into a CEO position, or give a proven head coach power over personnel decisions. Other…

Good point. Lou Gerstner wasn't going to jump from IBM right when he was starting to reap the rewards of his work.

The only case I can think of where execs jump around fairly quickly in "turnaround" situations are those who specialize in getting a company ready for a sale.

Re: Uber president Jeff Jones is quitting

#67

Post by phailhaus »

jonathankoren wrote: post #63
daenney wrote: post #41

Earlier quoted context omitted.

Because they're unrelated? Mixing in the Waymo suit does nothing to clarify the situation around Jones. Sure it's juicy, but it's a different story.

Not necessarily. It broke within six months. It's believable that he didn't know anything about the parentage of Otto, and when the lawsuit hit, he realized just how screwed up of a situation he found himself in and bailed. We can't say it is related, but we can't say it's not related either.

> We can't say it is related, but we can't say it's not related either.

...and that's why you should leave it out of the headline.

Re: Uber president Jeff Jones is quitting

#68

Post by daenney »

jonathankoren wrote: post #63
daenney wrote: post #41

Earlier quoted context omitted.

Because they're unrelated? Mixing in the Waymo suit does nothing to clarify the situation around Jones. Sure it's juicy, but it's a different story.

Not necessarily. It broke within six months. It's believable that he didn't know anything about the parentage of Otto, and when the lawsuit hit, he realized just how screwed up of a situation he found himself in and bailed. We can't say it is related, but we can't say it's not related either.

That's a fair point, I hadn't considered that. I still think leaving it out of the article is fair though. Since we don't know one way or another and there isn't anything pointing in that direction just yet.

Re: Uber president Jeff Jones is quitting

#69

Post by smacktoward »

partiallypro wrote: post #42
ivraatiems wrote: post #32

Earlier quoted context omitted.

Sorry, this is not just or mainly what's happening here. Every time an anti-Uber article comes up, someone pops in and says something to the effect of your comment, but it simply isn't true. Uber is evil. They do evil things. They should not be supported. Yes, people like to see the titans fall, but people also like to see those who behave poorly get what they deserve for that behavior. That's what's happening here.…

Outside of the sexual harassment claims, literally none of this is different than any other huge tech company out there. People want to see Uber failing has a lot more to do with narrative than reality. People have created a caricature out of Uber's failings and applied it to every aspect of the company. It's starting to feel like an agenda more than actual concerns, it's pretty annoying actually. Once Uber is gone,…

> Outside of the sexual harassment claims

"They look much better if you ignore this one massive problem!" is not a defense.

> literally none of this is different than any other huge tech company out there

"Everybody else does it too!" is not a defense.

Re: Uber president Jeff Jones is quitting

#70

Post by smacktoward »

Anderkent wrote: post #39
ivraatiems wrote: post #32

Earlier quoted context omitted.

Sorry, this is not just or mainly what's happening here. Every time an anti-Uber article comes up, someone pops in and says something to the effect of your comment, but it simply isn't true. Uber is evil. They do evil things. They should not be supported. Yes, people like to see the titans fall, but people also like to see those who behave poorly get what they deserve for that behavior. That's what's happening here.…

Many items on that list aren't actually bad things, they're just described using language with negative connotations. For example >Uber breaks laws all around the world to enrich itself, including allegedly trying to deceive government officials across the world.[4] Detecting malicious users and protecting drivers by shadowbanning malicious users is neither illegal nor wrong. Uber has no legal nor moral obligation to…

> Uber has no legal nor moral obligation to help the governments entrap its drivers, or perform sting operations.

Uber does, however, have obligations to obey the law. Part of which would include not using technology to hide law-breaking actions from local law enforcement.

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