Uber's Massive Crap Pile Develops Its Own Gravity
If you believe there's no such thing as bad press, invest in Uber. The ridesharing giant has spent its young life honing a bad-boy reputation without going so far that it drives away investors, drivers, or riders. Despite scandal after scandal, the company's valuation sits north of $60 billion. But recent weeks seem to have cranked up the dial, snapped it off, and thrown it away to melt in a furnace--and Uber feels the heat from all directions. All while well-paid lawyers representing an arch-rival assemble a case that could cripple Uber's future. "When you're on thin ice, you don't know how quite far you can walk," says Ben Edelman, an economist at Harvard Business School.
Mar-4-2017, 02:40:05 GMT