Uber's crisis was a failure of oversight and shows founders should be constrained by lieutenants, mentors, and a forceful board of directors
Lost Today, hoping to be Found! Cromwell Schubarth / Silicon Valley Business Journal : Even after forcing Travis Kalanick out as Uber CEO, investors sing his praises Mike Isaac / New York Times : Travis Kalanick resigns as Uber CEO, sources say after pressure from Benchmark, First Round, Lowercase, Menlo, and Fidelity; he will remain on Uber's board Davey Alba / Wired : A Short History of the Many, Many Ways Uber Screwed Up Alexandra Burlacu / Tech Times : Uber Keeps Bleeding Executives: Travis Kalanick Resigns As CEO At Shareholders' Request Jordan Palmer / Android Police : Uber CEO Travis Kalanick steps down following pressure from top investors Facebook: Margaret-Ann Seger : I'm angry, sad, flustered, confused, but mostly just heartbroken. Tweets: Christopher Mims / @mims : The #1 problem with Uber is the Silicon Valley cult of founder worship that left the company with zero adult supervision (Theranos much?) http://twitter.com/... Christopher Mims / @mims : I forgot to sleep with my tinfoil hat on so Farhad stole my further thoughts on Uber (again) http://www.nytimes.com/... @evanepstein : The core debate: “Staying private created a hothouse that reinforced its worst side, and allowed it to delay building a sustainable culture” https://twitter.com/... Farhad Manjoo / @fmanjoo : Me on Uber @nytimes. This is bigger than Travis. It's about a start-up culture gone awry. http://www.nytimes.com/... http://twitter.com/... @nytimesbusiness : One lesson should rise above the others, says @fmanjoo: This was not just Kalanick's failure — it was far bigger http://nyti.ms/2tuloS6 @axios : “This is shocking. It's this generation's version of Steve Jobs being kicked out of Apple.” http://www.axios.com/...