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A comment on ‘I must fundamentally change and grow up’: Uber CEO Travis Kalanick’s apology. Parent comment

Re:‘I must fundamentally change and grow up’: Uber CEO Travi... by matt4077 on Wednesday March 01, 2017 @09:59AM (#13764126)
The cynic in me believes there will never be an IPO. They've started to hide their balance sheets, even from large investors. Their valuation is already sky-high, and it's basically impossible for them to realistically return 10x for new investors, but the risks are higher than they were two or three years ago.

They're a time bomb financially, a mine field politically, and a toxic swamp morally. The Uber->Under transition is just a matter of months.

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Re:‘I must fundamentally change and grow up’: Uber CEO Travi... by wpietri on Wednesday March 01, 2017 @10:31AM (#13764426)
Yup. I think he would have been smarter to do a Groupon-style IPO, where he wraps it in Christmas paper, gets everybody hyped up, and quickly sells off his personal shares before everybody that they've bought a box full of dog turds and the share price falls by 80-90%.

I'm of course happy he didn't, as he deserves to go down in flames. If we're especially lucky, he and Shkreli will end up sharing a cell. But we're probably not that lucky.

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Re:‘I must fundamentally change and grow up’: Uber CEO Travi... by dowjones on Wednesday March 01, 2017 @11:01AM (#13764748)
You think Travis Kalanick should go to jail? Really? For what?
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