Uber Founder Travis Kalanick Resigns as C.E.O.

Re:Uber Founder Travis Kalanick Resigns as C.E.O. by kamaal on Wednesday June 21, 2017 @03:44AM (#14601727)

But this was done globally though.

'Software company, Not a taxi company' argument was used extensively to circumvent license and medallion regulations. On top of it they used VC money to drive down the prices by 4x-5x.

Several tens of thousands of drivers in every state in every country they went to got shafted because of these moves.

So yes he was very brutal and ruthless upfront. You can't replace that kind of human quality easily.

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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by wbl on Wednesday June 21, 2017 @02:17PM (#14606470)

Drivers didn't get shafted. Medallion owners did.

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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by kamaal on Wednesday June 21, 2017 @11:50PM (#14610006)

Drivers did get shafted. Imagine if tomorrow somebody comes with some model which flushes 10x the current number of programmers into the market.

Your wages will dilute to a point it will be hard for you to make a decent living.

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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by wbl on Thursday June 22, 2017 @12:07AM (#14610064)

Medallion owners charged huge amounts of rent from drivers. The barrier to entry wasn't on the driver side.

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