Travis Kalanick Exercises Right to Appoint Two Uber Directors

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.

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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.

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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).

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