Uber Goes Public At $80 Billion Valuation, Much Lower Than It Hoped
showed it played fast and loose with the law. The episodes tested how far a CEO could push the Silicon Valley ethos that values skirting the rules in order to grow. Ultimately, Kalanick pushed too hard and gave way to Dara Khosrowshahi as the company’s new, soft-spoken CEO, who previously ran Expedia.
Brendan Sexton, executive director of the Independent Drivers Guild said in a statement,"As Uber’s wealthy investors get wealthier today, remember that most of the drivers who built the company are still making poverty wages, often far less than minimum wage.”
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