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The VC's who pushed him out are nearly as culpable. The fact that Uber is right now being led by 14 internal people is insane. The company and board we're deve
by kuharich 9y ago
The VC's who pushed him out are nearly as culpable.
The fact that Uber is right now being led by 14 internal people is insane. The company and board we're developing any viable replacements.
VC's were so worried about jeopardizing what was shaping up to be the second biggest payday in the history of VC., they weren't willing to call bullshit on anything.
VC's had billions riding on the outcome. They weren't going to risk that just because Uber's culture was disgusting.
Only where there was unwanted media and public scrutiny were any real measures taken.
When a company grows quickly, VC's forgive its sins for fear of missing out on that follow-on round, or the next big deal.
VC's have influence when a company is doing poorly.