Thursday, August 31, 2017

In which people discuss things I don't understand

  • Meet Uber's newly chosen CEO
    Born in Iran in 1969, Khosrowshahi and his family fled to New York in 1978 following the revolution. In high school, he was class president and played lacrosse. He went on to earn a degree in electrical engineering from Brown University but took on a career on Wall Street after falling in love with a woman in New York.
  • Uber's New CEO
    The deeper takeaway, though, is that Khosrowshahi has demonstrated the patience and resolve to fix problems at their root. In the case of Uber, the business may be in better shape than Expedia’s was (pending the fixing of finance, of course), but as this year has made clear the culture needs a fundamental reworking, not simply a fresh coat of paint. Khosrowshahi seems like an ideal candidate to take on the problem at a fundamental level, and has already shown at Expedia that he is willing to walk the walk on issues of sexism in particular.
  • Uber’s Pick for Its New CEO Might Be the Anti–Travis Kalanick
    If Khosrowshahi accepts the job, he’ll take the helm of a company that seems to be in self-destruct mode. But looking at his history of building one of the most powerful online transportation empires in the world, he is clearly a compelling choice to take over the troubled Uber.
  • New Uber CEO Dara Khosrowshahi Knows Many Tricks—He'll Need Them All
    The 48-year-old Khosrowshahi has proved himself an adept dealmaker across a nearly three-decade career in finance and consumer-internet businesses. He spent eight years at technology-and-media focused investment bank Allen & Co., then joined IAC Interactive after helping company founder Barry Diller acquire travel website Expedia in 2001. He became CEO of Expedia as it went public in 2005, and led the company through a decade of acquisitions, growth, and stock appreciation.
  • ‘I have to tell you I am scared’: Dara Khosrowshahi says in a memo to Expedia’s staff that he has finally been hired at Uber
    he noted: “I have to tell you I am scared. I’ve been here at Expedia for so long that I’ve forgotten what life is like outside this place. But the times of greatest learning for me have been when I’ve been through big changes, or taken on new roles — you have to move out of your comfort zone and develop muscles that you didn’t know you had.”
  • Uber’s New CEO
    The Board and the Executive Leadership Team are confident that Dara is the best person to lead Uber into the future building world-class products, transforming cities, and adding value to the lives of drivers and riders around the world while continuously improving our culture and making Uber the best place to work.
  • HPE boss Meg Whitman re-entered the race to become Uber's CEO at the eleventh hour — but lost out anyway
    Whitman, who gave media interviews on Monday, said Uber's board approached her again over the weekend as a possible candidate.

    "They asked what it would take for me to change my mind,” she told The Financial Times. "I was not a contender for this job until the weekend

  • Travis Kalanick's Great Defender Writes a Hell of a Motivational Letter
    a Pishevar spokesperson released a letter Pishevar wrote to his lawyers last week, as they prepared to file that motion. And boy, is it something. The spokesperson, Marcy Simon, says it was meant to "fire up" the legal team, and that it's "from the brain." And in that brain, apparently, is a voluminous, somewhat outdated thesaurus.
  • Here are annotations to decode everything in Shervin Pishevar's epic Uber diatribe
    It's a heavy piece of writing, extrapolating on eight months of drama at the embattled ride-hailing company. Even readers intimately familiar with the saga may struggle to understand all of the letter.

    That's why Business Insider created an annotated version of the letter, decoding some of the thorniest sections and providing all the necessary context and references.

  • A judge just sent Benchmark’s dramatic lawsuit against Travis Kalanick to arbitration
    The decision is the latest dramatic turn in a rift between Kalanick and Benchmark Capital, once one of his closest allies, and moves the ugly fight between them out of the spotlight as Uber’s new CEO, Dara Khosrowshahi, tries to assert control.

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