This is my last story about Travis Kalanick
1–10 of 26 posts
Re: This is my last story about Travis Kalanick
#2That wasn't a story, it was a ton of words on who won't be the new CEO of Uber and complaints about their board.
Re: This is my last story about Travis Kalanick
#3I generally agree with the sentiment - except where it calls Arianna Huffington 'Travis-lite'
-https://github.com/henrikhodne/travis-lite
Re: This is my last story about Travis Kalanick
#4"By my math, Uber’s true value puts it as number four in the global market, behind Didi Chuxing, Waymo, and Tesla, who will become a future competitor should Uber make it to the autonomous future."
Somehow I lost my interest to read further after this phrase. To me the comparison mostly doesn't make sense. I've been Uber customer for couple of years now, and I have to say for some parts Uber, as a service, has tremendously improved my life. These other companies seem to offer quite different products/services or are in whole different markets (Didi is only China AFAIK, while Uber works globally).
Re: This is my last story about Travis Kalanick
#5"By my math, Uber’s true value puts it as number four in the global market, behind Didi Chuxing, Waymo, and Tesla, who will become a future competitor should Uber make it to the autonomous future." Somehow I lost my interest to read further after this phrase. To me the comparison mostly doesn't make sense. I've been Uber customer for couple of years now, and I have to say for some parts Uber, as a service, has tremen…
It depends on the market you look at.
At the moment uber is very useful (heck in the past fortnight I have used it in Bangalore, Helsinki and Vienna) but it does have a serious weakness - Uber competes on price but there is no evidence that it is profitable nor (far more worryingly) that it knows how it can make itself profitable.
Hence it's issue is very much similar to twitter - uber in many countries owns the sector, it just hasn't been able to find a means to make a profit from the sector.
Re: This is my last story about Travis Kalanick
#6"By my math, Uber’s true value puts it as number four in the global market, behind Didi Chuxing, Waymo, and Tesla, who will become a future competitor should Uber make it to the autonomous future." Somehow I lost my interest to read further after this phrase. To me the comparison mostly doesn't make sense. I've been Uber customer for couple of years now, and I have to say for some parts Uber, as a service, has tremen…
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Re: This is my last story about Travis Kalanick
#7That wasn't a story, it was a ton of words on who won't be the new CEO of Uber and complaints about their board.
Almost nobody has been paying as close attention to Uber and Travis Kalanick's goings-on as Sarah Lacy. This makes her "ton of words" a valuable addition to the national dialogue discussing the ramifications of his ouster.
Re: This is my last story about Travis Kalanick
#8>If I were Uber’s new CEO, I would embrace this reality. I would do a round that recaps the company immediately. Issue new stock to employees. Start at a clean and reasonable slate. Reset expectations and redefine what a successful IPO would be. Take the hit now, rather than having it continue to hang over this company until the end of time.
The new CEO presumably won't be a co-founder with significant voting power like Garrett Camp. He/she will more likely be a "hired gun." Therefore, the next chief won't have the power to issue new stock and force every investor to suffer an early haircut. Even if the board of directors (Kalinick, Camp, TPG, Huffington, etc) agree to award some equity (1%?) as incentive to attract a new CEO, he/she still won't control enough of the company to make those decisions.
If we argue that a good CEO would convince those investors/BofD to take the financial hit, then we're still back to the decision the next CEO doesn't control: why would the BofD hire a CEO that tells them to immediately reduce their financial stake instead of concentrating on cleaning up Uber and growing the value so they never had to consider haircuts in the first place?
Re: This is my last story about Travis Kalanick
#9"By my math, Uber’s true value puts it as number four in the global market, behind Didi Chuxing, Waymo, and Tesla, who will become a future competitor should Uber make it to the autonomous future." Somehow I lost my interest to read further after this phrase. To me the comparison mostly doesn't make sense. I've been Uber customer for couple of years now, and I have to say for some parts Uber, as a service, has tremen…
It depends on the market you look at. At the moment uber is very useful (heck in the past fortnight I have used it in Bangalore, Helsinki and Vienna) but it does have a serious weakness - Uber competes on price but there is no evidence that it is profitable nor (far more worryingly) that it knows how it can make itself profitable. Hence it's issue is very much similar to twitter - uber in many countries owns the sect…
Well, there isn't any else service that is profitable and on those markets? Uber seems to be the only somewhat globally available this kind of service. Even lyft operates only in US. There are lots of local competitors but what I see the most important factor is for the service to work universally everywhere. That's also where I get the most value, because uber has made traveling in certain countries much, much nicer for me.
Re: This is my last story about Travis Kalanick
#10"By my math, Uber’s true value puts it as number four in the global market, behind Didi Chuxing, Waymo, and Tesla, who will become a future competitor should Uber make it to the autonomous future." Somehow I lost my interest to read further after this phrase. To me the comparison mostly doesn't make sense. I've been Uber customer for couple of years now, and I have to say for some parts Uber, as a service, has tremen…
Same here. From that point on, it was clear that she was emotional, irrational, and out of touch with reality.