That's clearly the widespread perspective. Maybe the board thinks that Sheryl Sandberg might gradually be able to change that reality, which could make it a promosing appointment?
Nah.... I think they think she'll be able to milk it for even more money. It's like a pay day loan. You might get money fast and maybe in some specific cases it can work for you, especially if it's just for a few bucks as a part time second job. But for long term, you're better off sign up with an actual cab service.
I know ,,, it is amazing... google it... they lost $700 Million in 2015, and over $1.2 Billion in just first 6 months of 2016, and ended 2016 with a $2.8Billion loss!!! see the articles.....they took a HUGE hit when they pulled out of China. They enormous legal expense, they pay to be in certain locations, etc.... the idiots are in markets where they have to subsidize the drivers, last article I read said they still had $5Billion in cash, cause they have raised so much Venture Capital. This could end up being a huge failure. see this article http://www.businessinsider.com/uber-2016-losses-2016-8 http://money.cnn.com/2017/04/14/technology/uber-financials/index.html
So what's preventing someone from starting with Uber while they are waiting for a job opening at the local cab company? Can't they even do both? I don't see it quite the same as a payday loan. Payday loans can be harmful if the person using them cannot service the interest -- they wind up in a debt spiral. However, Uber is just a paycheck. It's a way of making money and honestly has probably kept some honest hardworking families and single young white males fired due to security fraud from foreclosure during times when there was no other source of income. The difference is that without a source of income relying on payday loans are not sustainable. Driving for Uber might serve as a sustainable source of income to bridge the gap. I mean what's the alternative? Working for McDonalds or Walmart? I'm not advocating for taking bad jobs. I'm just saying that the flexibility might provide the best temporary source of income for some people particularly college frats who need money for alcohol.
I don't think it's going to work out. Playing nice at the very top means focus is lost and direction scattered so no feelings are hurt, basically best ran as a dictatorship. I foresee an Apple like future where Jobs was brought in to retake the helm. I personally dislike cult personalities, but I'll admit apple wouldn't be there w/o Jobs, just as Tesla was going towards ruin before Musk came with loads of money to rescue the founders. That and his uncanny ability to sell the idea for more venture money.
lmao wtf? Uber is like the best thing for both drivers and passengers. All the cab rides I've been in were shady as hell...cabs that are old as fk...cab drivers that are rude...like I owe them the privilege of paying them for a service...puh lease. Uber has been nothing but a wonderful experience. Uber drivers I have talked too...all love them. You are not forced to drive for Uber...you can quit anytime. It's a mutual relationship.
I owe and drive my own car, but I often take uber when I can't be bothered to drive myself. So far, excellent service at a reasonable cost (I'm based on London).
Some Uber employees show resistance to CEO change Days after Uber’s board demanded the resignation of co-founder and Chief Executive Travis Kalanick, hundreds of employees have signed a petition asking that Kalanick be allowed to return. The letter itself is demonstrating to some critics that the company’s culture, which the board is endeavoring to change, may be resistant to that.(SiliconANGLE)