TEK2day Podcast

Benchmark Capital Files Lawsuit Against Uber Co-Founder, Former CEO Travis Kalanick. A power-play by Benchmark. Uber is a story with significant "hair" on it. Having Kalanick - the former CEO who was removed amidst a storm of controversy - remain on the Board makes it especially difficult to recruit the next CEO, especially given Kalanick's comments that he wants back into the CEO chair. Further, the cloud of controversy, executive turnover, etc. makes it difficult for Uber to maximize its valuation potential.

Benchmark Capital Files Lawsuit Against Uber Co-Founder, Former CEO Travis Kalanick. A power-play by Benchmark. Uber is a story with significant "hair" on it. Having Kalanick - the former CEO who was removed amidst a storm of controversy - remain on the Board makes it especially difficult to recruit the next CEO, especially given Kalanick's comments that he wants back into the CEO chair. Further, the cloud of controversy, executive turnover, etc. makes it difficult for Uber to maximize its valuation potential.

Benchmark Capital Files Lawsuit Against Uber Co-Founder, Former CEO Travis Kalanick. A power-play by Benchmark. Uber is a story with significant "hair" on it. Having Kalanick - the former CEO who was removed amidst a storm of controversy - remain on the Board makes it especially difficult to recruit the next CEO, especially given Kalanick's comments that he wants back into the CEO chair. Further, the cloud of controversy, executive turnover, etc. makes it difficult for Uber to maximize its valuation potential.

Benchmark Capital Files Lawsuit Against Uber Co-Founder, Former CEO Travis Kalanick. A power-play by Benchmark. Uber is a story with significant "hair" on it. Having Kalanick - the former CEO who was removed amidst a storm of controversy - remain on the Board makes it especially difficult to recruit the next CEO, especially given Kalanick's comments that he wants back into the CEO chair. Further, the cloud of controversy, executive turnover, etc. makes it difficult for Uber to maximize its valuation potential.

Today's podcast short: Uber's CEO search. Our perspective is that Uber's Board would be wise to hire a CEO who has demonstrated him/herself to be a strong operator. A candidate with proven technology chops who thinks and acts like an entrepreneur as opposed to a candidate who has "administered" from an "ivory tower." It would be a mistake for Uber to hire outgoing GE CEO Jeff Immelt.

Today's podcast short: Uber's CEO search. Our perspective is that Uber's Board would be wise to hire a CEO who has demonstrated him/herself to be a strong operator. A candidate with proven technology chops who thinks and acts like an entrepreneur as opposed to a candidate who has "administered" from an "ivory tower." It would be a mistake for Uber to hire outgoing GE CEO Jeff Immelt.

Today's podcast short: Uber's CEO search. Our perspective is that Uber's Board would be wise to hire a CEO who has demonstrated him/herself to be a strong operator. A candidate with proven technology chops who thinks and acts like an entrepreneur as opposed to a candidate who has "administered" from an "ivory tower." It would be a mistake for Uber to hire outgoing GE CEO Jeff Immelt.

Today's podcast short: Uber's CEO search. Our perspective is that Uber's Board would be wise to hire a CEO who has demonstrated him/herself to be a strong operator. A candidate with proven technology chops who thinks and acts like an entrepreneur as opposed to a candidate who has "administered" from an "ivory tower." It would be a mistake for Uber to hire outgoing GE CEO Jeff Immelt.