>Not sure what this letter is supposed to accomplish. [...] , and employees who were behind Travis will continue to support him, Based on Travis' continued day

>Not sure what this letter is supposed to accomplish. [...] , and employees who were behind Travis will continue to support him, Based on Travis' continued day-to-day meddling in Uber, it looks like he still has quite a bit of "soft power" within the company even though he's no longer an employee. This isn't like the situation where Steve Jobs sold all his Apple stock and cut the ties after John Sculley and the Apple board fired him. I'm guessing his soft power exists because you have a large faction of employees with stock options. For whatever reasons rational/irrational, they think the best way for the stock value to increase is with Travis instead of Benchmark's candidates. Maybe Benchmark thinks their letter can change some opinions on Travis or capture the undecideds. (Yes, Steve Jobs coming back to Apple helped, but Jack Dorsey coming back to Twitter didn't. Therefore, don't get tunnel vision about Travis being the ultimate savior ... seems to be Benchmark's underlying message.) Yes, Benchmark also has stock equity in Uber so the VC's protection of their capital should be perfectly aligned with the employees' desire for their stock to go up in value. The problem is that the employees have been "in the trenches" with Travis whose value to the business was demonstrated concretely whereas Benchmark is just an "investor" whose value to Uber is abstract.