Narrative: Uber's Culture is Toxic
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Uber Under Investigation by DoJ Over Foreign Bribery Allegations (Aug 29, 2017)
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Uber Stops Tracking User Locations After Dropoffs (Aug 29, 2017)
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★ Uber Expected to Name Expedia CEO Dara Khosrowshahi as New CEO (Aug 28, 2017)
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★ Uber’s Q2 2017 Partial Financials Show Strong Growth, Vague Progress on Losses (Aug 23, 2017)
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Former GE CEO Jeff Immelt is Front-Runner for Uber CEO Job (Aug 21, 2017)
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Uber Wins Court Case Over Obscure Terms and Conditions (Aug 18, 2017)
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Uber’s Head of Developer Platform, Who Was a Kalanick Loyalist, Resigns (Aug 15, 2017)
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★ Uber Penalized by FTC for Misrepresenting Privacy Practices (Aug 15, 2017)
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Uber Investor Benchmark Sues Kalanick over Fraud to Remove Him from Board (Aug 10, 2017)
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Travis Kalanick May be Prepping for a Shareholder Battle at Uber (Aug 7, 2017)
Another week, another story about erstwhile Uber CEO refusing to go gently into that good night. The Information is reporting that Travis Kalanick has been quietly building up a bloc of shareholders who will back him in a potential fight over the course of several years, while also sounding out employees recently on whether they would support him in that eventuality. Though the details here are new, the broad thrust is similar to the reporting last week that Kalanick was hoping to be able to get back into an operational role at Uber sooner rather than later, something many in leadership at Uber don’t want, and also a situation that’s likely to put off potential new CEOs, which is presumably part of Kalanick’s motivation here. That he still doesn’t see how central his behavior has been to Uber’s struggles, and how badly it needs to operate for at least some time without him, is the biggest possible sign that Kalanick hasn’t actually changed and isn’t actually sorry for any of what he’s done, which is in turn the best possible signal that he shouldn’t come back. But it seems he has enough supporters left at Uber that he’s convinced himself it’s worth trying anyway. Update: later in the day, an internal email from Uber co-founder and board member Garrett Camp was leaked, in which he said Kalanick would not be returning as CEO, apparently attempting to defuse some of this speculation and even the push to get him back.
via The Information