Wednesday, November 26, 2014

Uber's Billionaire

This past June Forbes declared Travis Kalanick, the 38-year-old CEO of the Uber “ride sharing” service, a billionaire several times over. Ruthlessness apparently pays. Kalanick had spent the previous four years bulldozing over local public officials, complaining customers, competitors, and his own underpaid drivers.

Proclaimed Kalanick last year: “We don’t have to beg for forgiveness because we are legal.

 That “win-at-all-costs” attitude has infused Kalanick’s $18.2-billion Uber. Last week, the news surfaced that one of Uber’s senior execs had outlined for a group of New York influentials a plan for digging up dirt in the private lives of journalists who’ve written critically about Uber’s tactics. Kalanick spent last week apologizing — but, tellingly, didn’t fire the errant exec.

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