David Rosenthal: belief

Transcript context

…Again, unheard of for a firm like Benchmark to be suing a founder of a company that they have backed. But this is what it had come to. Honestly, this is the end of the days of founder friendly, and I think that's a good thing. It's great to be friendly to founders, but there's certain behavior that just cannot be tolerated. Benchmark sues Travis for fraud and breach of fiduciary duty. The way that that all plays out is in negotiations over who is going to replace him as CEO. Travis realizes he doesn't have the support to come in as CEO, but he thinks he can bring somebody in who's going to be supportive of him and his interest in the company as the CEO, and he still has several seats on the board. His choice is Jeff Immelt, who until recently was CEO of GE. Benchmark's choice is Meg Whitman, who was CEO of eBay, one of their best investments, and that has played a big role in this story. There is a dark horse candidate, though. I know Meg Whitman at least tweeted like, I don't know what you guys are talking about, I'm not taking this job. They both independently confirmed to the press, no, I will not be the CEO of Uber. Everyone's scratching their heads like, well, who's it going to be?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.