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I suspect that they've raised $700M because Travis Kalanick is involved. Uber made a lot of people rich, and some of those people would certainly be interested
by PopeDotNinja 7y ago
I suspect that they've raised $700M because Travis Kalanick is involved. Uber made a lot of people rich, and some of those people would certainly be interested in investing w/ Travis again.
- sjg007 7y agoI mean it does seem like a good opportunity. Renting a kitchen or even cooking out of your own kitchen seems like a way to bootstrap to success. I remember hearing/reading an NPR "how I made it" about Stacy's Pita chips and she basically followed this path. Here Travis seems have learned from WeWork to own the real estate and rent out the kitchen as well. It seems like a win-win.
- excerionsforte 7y agoLooks like an excellent opportunity. Real estate is not getting cheaper. I believe they are based in LA, so when I'm ready to move out there guaranteed I'll be applying there. :)
- maest 7y agoI'm sure there are less risky ways to make real estate plays.
- xenocyon 7y agoIt's interesting that he has apparently faced no consequences within the Silicon Valley community for creating a toxic corporate culture rife with sexual harassment and threatening behavior. (Just one example of many: https://time.com/5023287/uber-threatened-journalist-sarah-lacy/ https://time.com/5023287/uber-threatened-journalist-sarah-la...)
- meddlepal 7y agoIt is Silicon Valley... money talks, bullshit walks. See: Wall Street in 80's.
- cookie_monsta 7y agoCatchy phrase, but where is the bullshit here? (also interesting that the meanings are reversed in the other saying "you talk the talk but can you walk the walk?")
- Angostura 7y ago‘Money talks, ethics walks’ might be more appropriate
- elpakal 7y ago*tethics
- DonHopkins 7y agoFor those of you who don't get that reference because you actually work in Silicon Valley and can't stand to watch the HBO comedy of the same name because it's too much like daily life: Tethics - Silicon Valley: https://www.youtube.com/watch?v=nfRUQh_EHoQ https://www.youtube.com/watch?v=nfRUQh_EHoQ Silicon Valley S06E05 - Richard vs Tethics: https://www.youtube.com/watch?v=n9cdGXa-uyM https://www.youtube.com/watch?v=n9cdGXa-uyM
- OnlineGladiator 7y agoHis point is investors don't care about toxic cultures so long as they make money.
- alexnewman 7y agoNonsense. Investors are not uniform. He's got his buds and that's enough.
- jusben1369 7y agoHe's only raised $400 million and all of it is Saudi money because the Valley shunned him.
- wallawe 7y agoHe was ousted from the company, what do you mean no consequences?