4 ms·
I suspect how long Uber has left is directly tied to Travis leaving - it was the main investors in the company that pushed him out. I suspect they used the thre
by untog 9y ago
I suspect how long Uber has left is directly tied to Travis leaving - it was the main investors in the company that pushed him out. I suspect they used the threat of withholding a future round of funding to do so - with Travis out, I imagine Uber is safe to raise another round.
- ithinkinstereo 9y agoSeems like an empty threat. If they withhold funding their already sizable investments are lost. Damned if you do, damned if you don't.
- untog 9y agoYes, but if Travis refuses to step down then the value of his sizable equity in Uber is also lost. So it's a battle of the wills.
- sdenton4 9y agoMmmmm, delicious sunk cost...
- _jal 9y agoNot if you believe your sunk costs are lost if he stays. The game theory is pretty straightforward there.