Earlier on Tuesday, five of Uber’s major investors demanded that the chief executive resign immediately. The investors included one of Uber’s biggest shareholders, the venture capital firm Benchmark, which has one of its partners, Bill Gurley, on Uber’s board. The investors made their demand for Mr. Kalanick to step down in a letter delivered to the chief executive while he was in Chicago, said the people with knowledge of the situation.
I’m surprised, yet not surprised. I hope Uber can fix all that’s gone wrong over the past year.
Sheryl Sandberg might be just what Uber needs to reorient itself, but is she game? Please Uber, no Marissa Mayer.
Does she have any talent beyond writing mediocre books?
Finally!
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If the board of directors that enabled Kalanick is still intact, Uber may not end up fixing very much at all.
While I do hope that the removal of some of the top people at the company will help change what appears to be a toxic atmosphere of sexual harassment at headquarters…
I’m still not clear on how Uber will get past its outright refusal to treat its drivers as actual employees, while, at the same time, insisting that those same drivers are the heart of the company.
That behavior is not unique to Uber. It’s now standard Randian business practice.