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Bill Gurley Is Leaving Uber’s Board

(www.nytimes.com)
198 points 101carl | 1 comments | 22 Jun 17 00:23 UTC | HN request time: 0.203s | source
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johan_larson ◴[22 Jun 17 01:32 UTC] No.14609498[source]▶
I remain flabbergasted by all of this upheaval at Uber. What's happening is the sort of housecleaning I would expect if the company had to file for bankruptcy or got caught flat out bribing judges or something. But really, what triggered all this was acting like jerks.

It seems to me, what should have happened (a long time ago) was that they got shut down for systematically breaking the law, or encouraging others to do so. That would have made sense.

But instead they are getting flayed alive by not much more than bad press for being jerks. Makes no goddamn sense.

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1. Iv ◴[22 Jun 17 04:47 UTC] No.14610181[source]▶
The laws they were breaking are employment laws. Financial institutions are rooting for these kind of rebels.

Making profits without employees is the holy grail of finance. They are willing to look away on law violations if you blind them with that dream. By the way, in my opinion, a similar sentiment is driving the hype in deep learning funding.