←back to thread

Bill Gurley Is Leaving Uber’s Board

(www.nytimes.com)
198 points 101carl | 1 comments | 22 Jun 17 00:23 UTC | HN request time: 0.204s | source
Show context
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.

replies(23): >>14609514 #>>14609557 #>>14609559 #>>14609591 #>>14609615 #>>14609628 #>>14609681 #>>14609683 #>>14609754 #>>14609773 #>>14609906 #>>14609910 #>>14609913 #>>14609985 #>>14610088 #>>14610181 #>>14610211 #>>14610357 #>>14610400 #>>14610983 #>>14612054 #>>14612964 #>>14614659 #
1. endorphone ◴[22 Jun 17 13:28 UTC] No.14612054[source]▶
is the sort of housecleaning I would expect if the company had to file for bankruptcy

Uber is at a critical inflection point, and still remains a unsustainable company blowing through enormous amounts of cash. They desperately need to line up more, so unless they get their house in order they will not be an ongoing operation.