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I don't (yet) have an opinion on this, but it's important to note the other side of the coin... > Hope everyone's paying attention to the identity of these inv
by robzyb 9y ago
I don't (yet) have an opinion on this, but it's important to note the other side of the coin...
> Hope everyone's paying attention to the identity of these investors behind this horrid behavior. Travis is not without his flaws but he created an awful lot of value for them.
He's been very well compensated for the value he's created. You don't keep a job because of what you've done in the past, you keep a job based on what you can do in the future.
- rmason 9y agoFiring founders was tried in the nineties and it always resulted in failure. Guess the Uber VC's need to painfully relearn that lesson? If Travis had been smart enough to create two classes of stock like Mark Zuckerberg and the Google founders he'd be calling the shots, instead he's out of a job.
- danso 9y agoTravis was calling the shots. That's why he's getting blamed for the alleged toxic culture (which includes not just sexism, but mistreatment/underpayment of drivers, among other things).
- kevan 9y agoTravis does control the majority of voting shares, no one can force him to step down....on paper. The real world is a bit more complicated than that.
- maaaats 9y agoLots of other comments here suggest he had majority and could have stayed.
- btmiller 9y agoYou're going to face a lot of harsh criticism if all you can focus on here is VC and profit.
- ruleabidinguser 9y agoHis issues are real but small in comparison
- acjohnson55 9y agoAlways? Really? And how many promising companies failed with their founders at the helm?
- amyjess 9y agoGoogle only became a successful business because of Eric Schmidt. If Larry & Sergey never stepped aside, Google would have died long ago.
- s73ver 9y agoOr, maybe if he had treated Uber as a place of business, instead of a frathouse, and Susan Fowler's blog post was never needed to be written.