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Published · transcript-backed

David Rosenthal: belief

11 May 2019 Acquired The Uber IPO

“Secondary to Travis. I think that's the last draw. Something very, very, very fundamentally needs to change in the company.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
11 May 2019
Publisher
Acquired
Episode
The Uber IPO

Transcript context

…This meeting was called to try and ease everyone's concerns that we are not a bunch of sexists. What on earth? The worst. Thankfully, Bonderman immediately is kicked off the board that day. How could you even go there? It's just beyond the pale. He's kicked off the board that day. Secondary to Travis. I think that's the last draw. Something very, very, very fundamentally needs to change in the company. The only thing that is going to do that is a new CEO and decapitation of old leadership and new leadership coming in at the top. This whole thing started in January. It's now June, and we should take a quick moment and say, you recall from the Lyft episode, they were on the ropes, they were dead. Uber was beating them. They made so much money. Who would fund Lyft? They lost. And then this happened.…

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