Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Uber Cannot Find a CEO

Market Insanity

Did Uber Lease Unsafe Vehicles to Drivers?

One wonders if Uber will be able to find a leader before it collapses and gets sold. A major problem Uber faces is to find a CEO with both tech; and auto industry, experience. Barra would have been the logical choice, but it makes no sense for her to join Uber. After all she has a great job turning around a much bigger company.

A more likely outcome would be for Barra to buy Uber and fold it into GM, which would drive Silicon Valley geeks crazy. Once again Uber’s survival as a viable independent company is called into question; as its status as the world’s most valuable unicorn?

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