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Uber goes Public - Good article on Uber's history and timeline.

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AsStibelDude
625 Driver
 Posted 7 months, 1 week ago

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Good article on CNN Business and a brief summary on what Uber is.

Uber launched in 2009 with the goal of offering private cars on-demand, simply by opening an app on your smartphone. In the decade since, it bulldozed ahead of ride-hailing rivals through a mix of aggressive fundraising, dirty tricks and a take-no-prisoners attitude toward expansion in the United States and abroad.

Along the way, Uber destabilized the taxi industry, became the most valuable US startup and emerged as the darling of Silicon Valley, spawning an entire category of companies billing themselves as the "Uber for X."

Read more https://www.cnn.com/2019/05/10/tech/uber-wall-street-debut/index.html 


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    SpikeSparkle
    161 Rider
     7 months ago

    Ah, memories...

    But that changed in 2017 when former engineer Susan Fowler rocked the company by making public allegations of sexism and harassment in a lengthy blog post. An internal investigation revealed a reckless office culture where "toe-stepping" was a prized value and executives had unchecked power. Travis Kalanick, Uber's cofounder and then CEO, admitted he needed to "grow up" after being caught on camera arguing with an Uber driver.

    Kalanick was ultimately ousted in June 2017. At that point, Uber was operating without a CEO, CFO, COO or CMO.


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    kmcdonald1
    101
     7 months ago

    Funny. They changed the headline of this article from "Uber goes public" to 

    Uber falls more than 7% in disappointing Wall Street debut

    LOL.

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      Bigfrank
      426 Rider Driver Driver
       7 months ago

      Lol Lol , They went public just when Trump and China are porking each other. The stock price will drop below $20  and I can't stop laughing  at the tight underwear Uber executive s that belong in a cesspool. They should be criminally investigated for slave labor and tax fraud. 

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    Bigfrank
    426 Rider Driver Driver
     6 months ago

    I believe that when  President Trump presses the button for the 1807 Insurrection Act the stock price will drop significantly and fares will rise dramatically  and the war of 5 G will begin .