It is one thing to have a corporate culture based on asking forgiveness rather than permission, and another having a toxic corporate culture seemingly devoid of respect for people and even the rule of law. One is brash and entrepreneurial, and the other exploitive and abusive. If ride-hailing were gold and silver (which, to the shareholders, it is to the tune of $70 billion), the headlines Uber has been generating could just as easily have applied to the California Gold Rush. How much progress has there really been since 1848?
Continue reading “The end valuation does not justify the means”