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Yup. The Holder report seems scathing, too, from what little we've seen. I would think that everything we've seen would have lead to a significant down round if
by fnbr 9y ago
Yup. The Holder report seems scathing, too, from what little we've seen. I would think that everything we've seen would have lead to a significant down round if Kalanick hadn't resigned (we still probably will). Given Uber's lack of profits & burn rate, a down round could send them into a death spiral.
- malandrew 9y agoAll that we've seen is a list of recommendations. How did you go from a list of recommendations with no explanation as to how each recommendation was arrived at to "seems scathing"?