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bioemerl · 2570 days ago · link · · parent · post: Why Uber Won’t Fire Its CEO: The rise of super-voting shares in Silicon Valley has given founders the ultimate job security.
Companies don't just explode, they slowly die out, go bankrupt, and so on. The only time companies die truly is when the market for them goes away. If uber goes out of business Lyft will pick up the demand and hire a whole lot more people, likely not selecting the ones who screwed up the last company. People can be left jobless, they'll find new ones. My worry is not the companies, but the market, and the market for taxis is doing fine. Also, what have you to say about the taxi drivers left out of the job by Uber who would get their jobs back if they failed?