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You can give your opinion, you can't install yourself as a worker with your own personal goals of changing a company's culture. Again, if you have a problem wit
by anjc 10y ago
You can give your opinion, you can't install yourself as a worker with your own personal goals of changing a company's culture. Again, if you have a problem with how the company is being run then you can take action.
- kelnos 10y agoNo one is arguing that. Please don't move the goalposts and/or set up straw men.
- anjc 10y agoWhat I said: > you can't install yourself as a worker with your own personal goals of changing a company's culture From their letter: > As early investors in Uber, starting in 2010, we have tried for years to work behind the scenes to exert a constructive influence on company culture. What strawman?
- lkbm 10y agoIt's not a strawman if you grant that only people installed as workers get to have influence. As the rest of the people in this thread have pointed out, that premise is false.
- anjc 10y agoThey verbatim say they want to work behind the scenes in the company to change the culture. That's not advising or just "having influence". It's simple...they do not have a right to do this as investors unless it was part of their terms.
- kelnos 10y agoThat's ridiculously. They certainly have a right to do that. Sure, it depends on management etc.'s willingness to listen and take the advice, but they absolutely have the right.
- anjc 10y agoNo they do not have that right. They have the right to if management is willing as you say, which they aren't, in this case. They do also have the right to play their part in replacing the board, and they do have the right to try and pursue board membership. But they aren't entitled to work within the company to change its culture simply because they're an investor. Companies could not accept investment if this was a right extended to investors.
- stale2002 10y agoI am sorry, so do you not believe in the First Amendment? Nothing that they did was illegal.
- orthecreedence 10y agoThey invested on the pretense of Uber being a company that enacts positive social change. That is one of their measures of return on investment (not just money). That premise has been violated. It is within the investors' rights to do whatever is in their power to try and steer the ship towards their original goal: positive social change. I don't see what installing people has to do with it. I don't even know what you're arguing. They gave Uber money. Uber isn't doing what they said they would with the money. They are mad at Uber. Seems pretty easy to understand to me.