News for hackers. Stuff that matters.
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by everdev on Friday September 29, 2017 @11:47PM (#15371106)
Why is this a "surprise move" by Travis? It sounds like he was granted this power and now people are shocked he used it?
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by ballenf on Saturday September 30, 2017 @09:39AM (#15372810)
Benchmark claims that Travis agreed not to exercise the authority as part of the resignation ordeal. This is mentioned in the article in passing. I'd guess that being sued by them changed his perspective on the deal, assuming it existed.
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by hkmurakami on Saturday September 30, 2017 @01:48AM (#15371456)
I suppose it's because the power is in question, and is being challenged in court by Benchmark as we speak.
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by JumpCrisscross on Saturday September 30, 2017 @02:34AM (#15371576)
Independent of social mores, I kind of see the strategic logic. If Benchmark defeats him in court, this power is null and the action undone. (The cost: he makes it slightly harder to do his next thing. Maybe.) If Benchmark fails, this is a solid backdoor power move. Between the binaries, this could influence Benchmark's willingness to settle (or sell). He’s doubling down.
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by LrnByTeach on Saturday September 30, 2017 @02:54AM (#15371630)
Yes Board & Benchmark are getting ready to clip Kalanick wings, he is not going to gain anything by staying silent .

> If Benchmark defeats him in court, this power is null and the action undone.

> If Benchmark fails to defat him in court, this further ensconces his unofficial power.

> Between the binaries, this power move could very well influence Benchmark's willingness to settle (or sell).

Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by brians on Saturday September 30, 2017 @02:34AM (#15371577)
He’s a young man with a future to think about. Using all the powers you have can offend some people, some of whom are in a position to help or hinder your future efforts for decades to come.

If this works, it’ll be Jobsian brilliance. If, as more likely, not—then expect his life to get harder.

Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by redm on Saturday September 30, 2017 @08:48AM (#15372619)
I worked with Travis in 2002 and he didn't get where he is by not offending people. He plays hard all the time.
Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by SeanDav on Saturday September 30, 2017 @09:30AM (#15372777)
> "...then expect his life to get harder."

Poor guy might be out of a job, would just have to get by with his few paltry billions.

(I know what you are trying to say, but no-one makes billions without being smart, lucky and willing to take a chance)

Re:Travis Kalanick Exercises Right to Appoint Two Uber Direc... by moonka on Saturday September 30, 2017 @12:23PM (#15373586)
If things go poorly I imagine within a year he'll find no hinderance. A guy like him will get lots of second chances.