Uber debuted below its IPO price on Friday and ended up down more than 7%, crawling across the finish line with a valuation below $80 billion. That’s a far cry from the $120 billion that was floated as recently as December. Founders and early investors will still going to get spectacularly rich, but late-comers and retail investors may find there’s not much upside left unless the company can solve the quandary of serving a two-sided market profitably. https://www.cnbc.com/2019/05/11/uber-ipo-example-of-silicon-valley-era-of-mediocrity.html
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2024 Presidential Election
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Goog Employees Arrested
That's what happens when you fire the founder.
Naw dude a bunch of business school minted bean counters are what every business needs. Because every business needs to fit some organizational mold as dictated by the fanciest academic paper
That’s what happens when you didn’t detect the toxic founder and fire him or her fast enough. Tesla is in a similar situation.