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Which partly makes the CEO so key. Dispassionately, what Uber needs right now is someone who can convince investors to keep the money taps open. If you lose $X
by 5thaccount 10y ago
Which partly makes the CEO so key. Dispassionately, what Uber needs right now is someone who can convince investors to keep the money taps open. If you lose $X BILLION a year, you need $X Billion + y% to maintain that burn rate. So the question is:
Is there a CEO that can continue to raise money, OR that can turn a $X Billion loss into a mild loss, whilst still raising the money required to keep the enterprise alive?
That's a pretty damned niche request!