Two Executives to Leave Uber, Adding to Departures

Re:Two Executives to Leave Uber, Adding to Departures by api on Monday March 20, 2017 @12:35PM (#13915522)

As someone trying to raise right now, I am very concerned that this is going to implode the entire industry. An Uber collapse will set off a panic as people wonder who else is swimming naked. It will also tank the return on any VC fund of which it is a part, leading to a whole round of terrible VC returns.

[ Parent | on HN ]

Re:Two Executives to Leave Uber, Adding to Departures by tomblomfield on Monday March 20, 2017 @01:09PM (#13915815)

I think the swing in VC herd-mentality happened about 18-36 months ago.

There was a palpable shift from "prioritise growth above all else" to "let's think about about unit economics".

[ Parent | on HN ]

Re:Two Executives to Leave Uber, Adding to Departures by vbtemp on Wednesday March 22, 2017 @01:10PM (#13932728)

FYI this comment has been quoted by The Atlantic... https://www.theatlantic.com/technology/archive/2017/03/uber/...

[ Parent | on HN ]

Re:Two Executives to Leave Uber, Adding to Departures by sjg007 on Wednesday March 22, 2017 @05:40PM (#13935262)

That's amazing.. I also think it is quite funny when reddit posts become news.

[ Parent | on HN ]

Re:Two Executives to Leave Uber, Adding to Departures by ChuckMcM on Monday March 20, 2017 @12:39PM (#13915552)

A clear business model that works is the best defense here.

[ Parent | on HN ]

Re:Two Executives to Leave Uber, Adding to Departures by api on Monday March 20, 2017 @12:39PM (#13915561)

Yes and no. The problem is that panics affect the entire market and have cascading follow-on effects. Not only does this affect fund raising but it also affects the entire tech economy, and thus the ability to convert new customers if your customers have anything to do with the tech economy.

We are fine if we can't raise more, so I am not panicked... just concerned.

[ Parent | on HN ]