[alphonsegaston]

On the story about Jeff Jones, someone commented that Kalanick has a stock arrangement that gives him control of the board. Does anyone know if this is true? I can't see how they can let this hemorrhaging continue when the problem is obviously Kalanick's leadership. But it shows no signs of stopping.

The only other thing I could think of is that the board is complicit in something worse than what's been exposed, and is afraid Kalanick will blow things up if they move on him.

EDIT: BBC is now reporting that two separate internal sources at Uber say Kalanick will step down when a new COO is in place.

http://www.bbc.com/news/technology-39323828

[goseeastarwar]

A founder/CEO that built a $60B company with control of the board? Not a chance in hell he steps down.

For each person telling him to resign, there are hundreds stroking his ego and encouraging him to carry on.

[alphonsegaston]

Uber's valuation is a collaborative performance that only stops being fiction if everyone plays along until they achieve a self-driving monopoly. Kalanick is tearing up pages of that script faster than new ones can be written and a whole lot of the performers are jumping ship.

If he wants to be the king of an ash pile, so be it. But it's not gonna be an ash pile worth $60B.

[goseeastarwar]

Uber isn't going anywhere. Investors may take a short-term hit riding this wave of bad PR, but there's far too much machinery that will continue to push Kalanick's agenda forward.

This thread is chock full of wishful thinking, but the fact of the matter is the vast majority of Uber's users just want to get somewhere and don't care how the company is being run.

[msoad]

Nope:

However, shortly after this story was published, another source, who also did not want to be named, said there was "zero chance" of Mr Kalanick stepping down when the new COO is announced.

[kelukelugames]

Blind says Kalanick is stepping down.

[umeshunni]

https://twitter.com/anildash/status/843692126437302272 "Two separate, well-placed sources at the company have told the BBC that Mr Kalanick will likely step down as chief executive soon after the new COO is in place."

[achow]

Blind user is quoting the same BBC article.

[rattray]

Who is Blind?

[daegloe]

@kelukelugames may be referring to the "anonymous work talk" app: https://us.teamblind.com

Which, it's been reported, is widely used among Uber employees: https://techcrunch.com/2017/02/25/ubersecret/