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Travis Kalanick Exercises Right to Appoint Two Uber Directors
- SomeStupidPoint 9y agoSo is the lawsuit about if Kalanick has the right to do so still pending? https://venturebeat.com/2017/08/10/uber-investor-benchmark-sues-travis-kalanick-for-fraud/ https://venturebeat.com/2017/08/10/uber-investor-benchmark-s...
- xyzzy_plugh 9y agoI believe it's in arbitration.
- deleted 9y ago[deleted]
- eridius 9y agoAnyone have a non-paywalled link?
- jonas21 9y agohttps://t.co/HkxTKgzhr9 https://t.co/HkxTKgzhr9
- csours 9y agosearch the title on facebook.
- striking 9y agohttp://facebook.com/l.php?u=https://www.wsj.com/articles/travis-kalanick-exercises-right-to-appoint-two-uber-directors-1506729037 http://facebook.com/l.php?u=https://www.wsj.com/articles/tra...
- eridius 9y agoHuh, I actually already tried Facebook earlier and still hit the paywall. I was on mobile then, desktop now. Does the Facebook redirect only skip the paywall on desktop? (and if so, that's very strange)
- KGIII 9y agoIn addition to the other links, try this: http://archive.is/qsftk http://archive.is/qsftk You can often enter the URL at archive.is and they seem to bypass some paywalls and scripts that would prevent browsing while ads are blocked. Quite frequently, pages have already been archived so you needn't archive them again unless you think the page has been updated. I find it to be a handy site to keep bookmarked. It works well and often.
- kartD 9y agoUrsula Burns seems like a good choice, John Thain (https://en.wikipedia.org/wiki/John_Thain https://en.wikipedia.org/wiki/John_Thain) not so much...
- Fricken 9y agoI wasn't too familiar with Ursula Burns, so I just watched a Charlie Rose interview with her. I like her: https://charlierose.com/videos/29786 https://charlierose.com/videos/29786
- cft 9y agoI think last time I saw a Xerox product was about 2009, around the time she became the CEO.
- rockinghigh 9y agoThey are still in the printer and scanner business. $10B of revenue last year.
- KGIII 9y agoPrinting is not cheap. I haven't seen business costs associated with printing since probably 15 years ago, so this is out of date. We used to lease most of our equipment from the same company that did our supplies and repairs, they'd also upgrade us on a regular basis. When I last saw the numbers, our lease was right about the $12,000 a month mark. At the time, that was something I noticed because it was more than I made per month - and I owned the company. I suspect the prices haven't gone down much. Granted, we printed a lot - but I suspect Xerox is going to be around for quite a while longer.
- tonyedgecombe 9y ago$11B in 2015, like most in the industry hardware sales have been declining for some time.
- bertil 9y ago
- peteretep 9y agoI find myself rooting for him like I rooted for Darth Vader.
- arkona 9y agoIt's hard not to root for someone everyone is trying to discredit and paint as a vilain. He must be doing something right if so many people are against him.
- thirtyseven 9y agoWhat is your rationale for this? Was Stalin doing something right because so many people were against him?
- shub 9y agoI dunno how much Stalin did right, but he sure did a lot of stuff well. You don't obtain and maintain control over all of Russia by being an idiot.
- idlewords 9y agoDid you wake up this morning thinking you'd be defending Stalin in a nerd fight? Or was it a happy surprise ending to your day?
- deleted 9y ago[deleted]
- zdkl 9y agoYou can make the same point about germany's return to stability in the 30's (goodwin point yay), but I'm not sure you'd want to. Careful what you wish for, in terms of government efficiency
- shub 9y ago
- mathattack 9y agoBoth are establishment investor-friendly choices.
- harmlessposter 9y agoAnyone else tired of the constant media posturing by these plutocrats? How will this meaningfully affect the company?
- CydeWeys 9y agoIt seems to be meaningfully affecting the company in a negative way. Look at other big tech companies -- they all have aligned leadership and clear missions. Uber is a chaotic mess in comparison. That certainly isn't helping with the ability to attract talent. The engineers I know who worked at Uber have already all left.
- albeebe1 9y agohigh stakes chess move right here
- bogomipz 9y agoJohn Thain the ex Merril Lynch CEO who spent 1.2 million dollars of company money to remodel his office[1]. [1] http://www.nytimes.com/2009/01/27/business/27bank.html?mcubz=3 http://www.nytimes.com/2009/01/27/business/27bank.html?mcubz...
- oh_sigh 9y agoI bet it was really tastefully done though.
- 101carl 9y ago$35,000 for a ‘Commode on Legs’. I wonder what it looked like?
- KGIII 9y agoMaybe it's salary and an accounting entry meant to indicate they treat their underlings like fecal matter? On a more serious note, the only toilets I know with legs are for injured/disabled people who have issues with mobility, or they are temporary affairs meant to be taken camping. None of those seems likely to cost tens of thousands of dollars, even if they may be considered medical devices. Here is one such example: https://images-na.ssl-images-amazon.com/images/I/712PPTaGQDL._SL1500_.jpg https://images-na.ssl-images-amazon.com/images/I/712PPTaGQDL... I can't actually see that having a price tag over a few hundred dollars. I could see it costing up to a few hundred dollars, if it's medical equipment, but only if it is somehow certified for certai weight ranges, durability standards, and made of special materials meant to difficult for bacteria to live on and easy to clean. They do charge a lot for medical equipment, but not $35,000 for a toilet.
- homero 9y agoWhen you're rich https://i.pinimg.com/736x/e6/12/c4/e612c486b4497b962faf9f31c1684232--open-arms-pot.jpg https://i.pinimg.com/736x/e6/12/c4/e612c486b4497b962faf9f31c...
- everdev 9y agoWhy is this a "surprise move" by Travis? It sounds like he was granted this power and now people are shocked he used it?
- hkmurakami 9y agoI suppose it's because the power is in question, and is being challenged in court by Benchmark as we speak.
- JumpCrisscross 9y agoIndependent of social mores, I kind of see the strategic logic. If Benchmark defeats him in court, this power is null and the action undone. (The cost: he makes it slightly harder to do his next thing. Maybe.) If Benchmark fails, this is a solid backdoor power move. Between the binaries, this could influence Benchmark's willingness to settle (or sell). He’s doubling down.
- LrnByTeach 9y agoYes Board & Benchmark are getting ready to clip Kalanick wings, he is not going to gain anything by staying silent . > If Benchmark defeats him in court, this power is null and the action undone. > If Benchmark fails to defat him in court, this further ensconces his unofficial power. > Between the binaries, this power move could very well influence Benchmark's willingness to settle (or sell).
- brians 9y agoHe’s a young man with a future to think about. Using all the powers you have can offend some people, some of whom are in a position to help or hinder your future efforts for decades to come. If this works, it’ll be Jobsian brilliance. If, as more likely, not—then expect his life to get harder.
- redm 9y agoI worked with Travis in 2002 and he didn't get where he is by not offending people. He plays hard all the time.
- happertiger 9y agoNone of what you hear. Half of what you read. The truth will not be found in the media channel. The media is rarely reporting anymore. They are delivering.
- V-eHGsd_ 9y agothe saying is, "believe none of what you read and half of what you see"
- KGIII 9y agoNo, they had it right. Well, it is 'nothing.' It is from Poe, actually. Here, have a citation: https://www.goodreads.com/quotes/252780-believe-nothing-you-hear-and-only-one-half-that-you https://www.goodreads.com/quotes/252780-believe-nothing-you-...
- jacquesm 9y agoParent to your comment is trying to prove grandparent to be true!
- freech 9y agoI wonder how much of all this is just lust for drama. What are they actually fighting about?
- Flammy 9y agoControl. Control over an entity that theoretically is valued at lots of money.
- V-eHGsd_ 9y agofuck you travis. - every uber employee
- 734786710934 9y agoThe press's portrayal of Travis isn't shared by most Uber employees. He's still well liked inside the company.
- smacktoward 9y agoAs the saying goes, the fish rots from the head down.
- harmlessposter 9y agoIf a scientific poll of Uber employees were taken today they would probably elect him CEO. Only he can make their options valuable.
- deleted 9y ago[deleted]
- pjc50 9y agoUber employees, or people who work for uber?
- harmlessposter 9y agoOh man, is there like, a big group of people for whom this distinction matters? If so I am not prepared to explain. Are you able to explain this difference in my place, pjc50?
- icantdrive55 9y agoIt matters when you go into debt buying a four door Uber approved vechicle, just to find out that your "Hustle" is not paying the bills, or even the car payments. (I wouldn't have a problem with Uber's business plan, except for the vechicle requirement. Let Independent Contractors drive whatever their state let them register. Let the customers decide whether they want to get in? A safety inspection I kinda get. Then again the driver is the one paying for commercial insurance?)
- NelsonMinar 9y agoI have to wonder what Thain and Burns are thinking in this scenario.