Uber’s president confirms that he feels uncomfortable with how Uber is led and it looks like Kalanick is too volatile or incompetent for investors to feel comfortable with him leading the company public.
“He told the magazine that the ‘beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber’. […]
“Two separate, well-placed sources at the company told the BBC that Mr Kalanick could possibly step down as chief executive soon after the new COO is in place – a move that might reassure investors ahead of a long-anticipated potential initial public offering.”
The taxi booking app’s second in command is leaving his post after less than six months.
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