The NewCo Daily: Today’s Top Stories
It’s hard to believe things could get even worse for Uber after the past week’s gender discrimination allegations, lawsuits, and resignations. But get worse they did. Yesterday Bloomberg published a video, secretly captured by a dashcam, in which CEO Travis Kalanick gets into an argument with his Uber driver, Fawzi Kamel. Kamel complains that Uber’s price drops have bankrupted him; Kalanick responds, “Some people don’t like to take responsibility for their own shit.”
Being CEO of a billion-dollar company is kind of like being president: You’d better assume you’re always on camera. Kalanick issued what he called “a profound apology” in an email to his company, writing, “I must fundamentally change as a leader and grow up. This is the first time I’ve been willing to admit that I need leadership help and I intend to get it.” (Paging Jerry Colonna.)
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