UBER FOUND TO BE THE MOST EMOTIONALLY DISTURBED AND SEXUALLY ABUSIVE RIDE SERVICE IN THE WORLD
The Uber Sex Abuse and Illicit Activity Internal Investigation Report
By Susan Reed
Travis, the asshole boss of Uber, has been sent to the corner. His asshole cohort: David Plouffe was sent packing earlier. A fine document has been released by Uber listing a litany of social repair suggestions for Uber.
Alas, the document will accomplish nothing! The document is a sham designed to look like something will be done, when, in fact nothing will be done at all.
The official Uber “investigation document” is simply a boiler-plate re-write of a thousand other Silicon Valley internal reviews that all conclude the same exact thing: “Silicon Valley companies are operated by assholes!”
The Uber Internal Investigation Document is simply a load of BS designed to try and calm the rapidly departing shareholders.
The Uber Internal Investigation Document is just a pandering set of horse-shit that leaves out one clear, overwhelming fact.
The pure and essential fact that the document covers up is that Uber’s whole Board of Directors and it’s venture capitalists are the the core reason that Uber is a shit company. There is no possible way to ever save Uber. It is screwed from the essence of it’s soul.
The term “asshole” was created by, for and because of the venture capitalists that fund Uber.
Their frat house, elitist, take-what-you-want, tone-deaf, arrogance is physically and socially manifested in all of the hells that Uber has become.
As the venture capitalists read this take-down of Uber, their reactions are likely to be, not remorse, but, more snooty arrogance and huffing around about the regular people not respecting their richness.
It was their own brother: Tom Perkins, who said that all of the regular people who down-talked the VC’s were “Nazi’s”. Uber forgets that it pretended to be a company for “regular people” yet it raped and abused those regular people and it’s workers. Uber spies on and sells the travel habits and street addresses of those regular people. Uber pushes DNC voter manipulation at those regular people and Uber funds political campaigns under the guise of “services”.
If you thought Google was a social nightmare disguised as a company then know that Uber is worse.
The showcase token woman: Huffington, that was brought in as window dressing, has already been demeaned by Uber’s own staff who said, on social media, that she “was not attractive enough to rape so why is she here?...” That is the mindset of Uber! With 30, or so firings, Uber tries to say that they are now clean even though the cancer has penetrated every cell of Uber.
Uber can NEVER be recovered because the core misogyny, rape-culture, abuse, racism, frat boy, drunken malfeasance that created Uber sits in every office on Sand Hill Road’s VC Row in Palo Alto.
Drive from about 2000 Sand Hill Road and head down the hill towards Standford University. From Freeway 280, and the VC’s whore infused bungalows at the Rosewood Hotel, all the way down to Stanford Shopping Center. On one side of the road is the Stanford Linear Accelerator (SLAC) technical building. On the other side of the road are the big Jewish insiders and Stanford fraternity house brothers who collude, black-list and whore their way from Uber to Uber.
Travis has a face that the asshole VC’s of Sand Hill Road love. All of the failed tech CEO’s of the Valley have the same YOUTUBE-ready facial structure. If you paste neck-up portrait photos of the last 50 failed Unicorn CEO’s of Silicon Valley right above 50 neck-up portrait photos of the last 50 people that walked into your local Safeway, you will see a shocking disparity.
The Sand Hill Road VC’s chose to give money almost exclusively to those with cartoon-ishly central-casting type ultra symmetrical faces with extremely theatrical features. Everybody looks like they just walked out of a Banana Republic fashion catalog. The superficiality of Sand Hill Road is the superficial abuse/rape culture that became Uber.
These VC’s spend more time at self-aggrandizing TED and SXSW conferences, talking about fluff, then they do running their companies. You see them constantly seated in little white living room sets in front of huge rear projection backdrops on web videos where they talk about themselves. You don’t see the heads of GM, or Kraft or Kellogs peacocking on-and-on in these weird self-promotion hosted fake interview videos all day. You do, though, see Travis and Zuckerberg on fake interview format videos from morning to night. Who came up with this ludicrous concept of CEO brag-vision TV?
Sand Hill Road can’t see what the entire world can see. Even the TV show: “HBO’s Silicon Valley” calls them assholes to their face and they still don’t get it.
Google issues the same document every year. They say that they just forgot to hire blacks and women and they “will do better”. Google has been saying this for over a decade and Google never improves any of it’s rape-culture frat boy high life. Google’s duplicate “Internal Investigation Document” is the same set of lies and smoke-screening.
The public needs to keep the boycott of Uber going. Everyone needs to order their stock brokers to remove any investments in Uber. Nobody should ever use Uber unless they want the head lice, rape potential, spying on their private data and voter manipulation they can count on from a ride in an Uber. Uber drivers need to file a class-action lawsuit against Uber for exploitation. San Francisco, and every city in which an Uber operates needs to charge Uber twice as much for using San Francisco’s infrastructure to make profits at the expense of the taxpayers of that City.
That will not solve the main problem, though.
The most critical need is to bankrupt the asshole venture capitalists on Sand Hill Road in Palo Alto.
Every pension fund, every union group and every institutional master fund must be contacted and told to NOT invest with any Sandhill Road VC! These rape-boys are using your grandmother’s pension fund money to create Uber hellscapes, Google privacy abuse operations and other socially destructive crap.
Can you think of anything that the Silicon Valley VC’s have funded that society actually needed? They fund socially valueless crap that helps no-one. They pick cliché faced insiders from rich families with worthless Theranos-like hype to pitch to these poor pension funds. Silicon Valley has produced nothing of value in the last 15 years!
All of their great investments blew up. Ellen Pao exposed them as rape-factories and a lawyer named Lawless is taking each and every one of them down for it.
If you are a Sand Hill Road venture capitalist reading this then you must do the world the favor of shutting your company down before the world brings the Streisand effect to your front door and does it for you. Are you being “targeted”? You bet! You are the heart of the scum that Uber manifests on public display. You don’t deserve to exist as a business anymore. The heads of Sony Pictures, Starbucks and Uber were exposed, documented as assholes and terminated. Every single one of you from 2000 Sand Hill Road, on down the hill, are now under the glaring light of the world.
The corrupt law firms: Wilson Sonsini and Covington & Burling need to be raided by the FBI. These are the deluded crooks who cook the books and run the money to the Cayman Islands for Silicon Valley. The lawyers at these firms can rationalize murder, bribery, theft, tax evasion and any other crime for the sake of "overcoming the opposite ideologies..."
These people must be punished, by the public, for using their companies to manipulate politics and morality.
Tim Draper, Jon Doerr, Eric Schmidt, Steve Spinner, Steve Westly, Vinod Khosla… yeah, YOU GUYS!
We all know your dirty secrets and the dirtiest, biggest one of those secrets is that YOU are the scum that makes companies like Uber as dirty as it is! You need to be gone now!
The BOYCOTT INDUSTRY has organized together to bring Silicon Valley down. This is how they are doing it and you can help wipe out the Silicon Valley assholes too:
SILICON VALLEY: DEMOCRACY IS NOT YOUR PLAYTHING!
The Chan-Zuckerberg Initiative to lead the policy and advocacy efforts of the Silicon Valley Cartel will result in a New America just like Smedley Butler warned us about.
Obama's "BAG MAN" jumps from Uber to Facebook to Control American politics. Plouffe already charged with corruption in Chicago!
Massive transparency investigation and public forensics study of the "Chan-Zuckerberg Initiative" called for!
Priscilla and I are excited to announce that David Plouffe is joining the Chan Zuckerberg Initiative to lead our policy and advocacy effort and Ken Mehlman will lead our policy advisory board.
Our approach at the Chan Zuckerberg Initiative is to bring engineering to social change. We build tools to bring personalized learning into more schools and help scientists cure all diseases in our children's lifetime. Part of creating sustainable social change is also helping to build movements around these issues -- to fight for more science funding and better education for all children.
Advocacy has always been part of our approach. We wrote about its importance in our letter to our daughter when we started CZI. When we launched our science initiative last year, I spoke about how we need to change that our government spends 50x more treating people who are sick than finding cures so people don't get sick in the first place.
I'm excited to work with David on this. He has great experience building movements as part of companies like Uber and as campaign manager for Barack Obama's presidential campaign.
Similar to how we built the science initiative, Priscilla and I have spent the past year meeting with many policy and issue experts across the political spectrum. We're grateful some of them will be joining us as members of our policy advisory board.
Ken Mehlman will lead this board. Like David, Ken has a long history in both the public and private sectors. He ran the Republican National Committee, was campaign manager for George W. Bush's presidential campaign, and today is a member at KKR where he partners with companies around the world. David and Ken built campaigns for different parties but have also come together to work on issues like marriage equality.
David and Ken will announce more members of the policy advisory board over the next few months. They'll work together to find opportunities to work with governments, partners and people everywhere to advance human potential and promote equal opportunity.
On behalf of our whole team, Priscilla and I want to welcome David and Ken. We're looking forward to working with you!
Uber president Jeff Jones is quitting, citing differences over ‘beliefs and approach to leadership’
He is leaving after apparently deciding the current controversies are too much to handle.
Jeff Jones, the president of Uber, is quitting the car-hailing company after less than a year. The move by the No. 2 exec, said sources, is directly related to the multiple controversies there, including explosive charges of sexism and sexual harassment.
(UPDATE: Uber confirmed the departure, saying in a statement: “We want to thank Jeff for his six months at the company and wish him all the best.” And, in a note to staff, Uber CEO Travis Kalanick said: “After we announced our intention to hire a COO, Jeff came to the tough decision that he doesn’t see his future at Uber. It is unfortunate that this was announced through the press but I thought it was important to send all of you an email before providing comment publicly.)
(UPDATE: Jones also confirmed the departure with a blistering assessment of the company. “It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business,” he said in a statement to Recode.)
Jones, said sources, determined that this was not the situation he signed on for, especially after Uber CEO Travis Kalanick announced a search for a new COO to help him right the very troubled ship.
That was not the reason for Jones’ departure, sources said, even though it meant that Kalanick was bringing in a new exec who could outrank him. Instead, these sources said, Jones determined that the situation at the company was more problematic than he realized.
Jones was certainly touted by Kalanick as a big hire when he arrived at Uber last fall from Target, where he was its well-regarded CMO. His job, among others, was to remake the company’s tainted image. He also was president of its main ride-sharing business.
Kalanick and Jones met just a year ago at the TED conference in Vancouver and there was much excitement that the company was attracting top-level corporate execs.
Jones replaced board member Ryan Graves, who started at the company as CEO but relinquished that role to Travis Kalanick in 2010, as president. Graves now heads up the company's delivery business, UberEverything. The transition was pitched as a necessary move as the ride-hail company continued to scale.
“Over the last six months, Ryan and I have become increasingly convinced that our rapidly growing marketing efforts needed to be far more integrated with our city operations,” Kalanick wrote in a post announcing Jones’ hire.
Jones spent much of the beginning of his tenure as the president of ride-sharing driving for Uber and meeting with drivers, after which he sent drivers an email about what he learned and what the company intends to do.
"It’s clear that there’s much we can be doing better. Listening is where we get our best ideas, because they come from you, the people using Uber every day " he wrote.
But in February, Jones' second public attempt to reach drivers went awry when drivers began flooding Jones' Facebook page with angry comments and complaints during a question and answer session.
Jones' decision to leave Uber likely won't surprise people who worked with him at Target. "Jeff does not like conflict," a source previously told Recode.
The situation at the company has deteriorated since then, obviously, after a blog post by a former female engineer chronicled a deeply dysfunctional management led by Kalanick that favored what board member Arianna Huffington called “brilliant jerks.”
Jerks indeed, as what has happened since then has made clear. Since the post, the company has fired its engineering head after revelations of a serious sexual harassment investigation at his previous employer, saw its head of product leave after questionable sexual behavior was uncovered at a company event and has initiated an investigation into the entire situation with a former Attorney General of the United States at the lead.
In addition, the now persistently apologetic Kalanick announced the search for a COO to help him do a better job.
Here is Kalanick’s full note to the staff:
I wanted to let you know that Jeff Jones has decided to resign from Uber.
Jeff joined Uber in October 2016 from being CMO at retailer Target. In 6 months, he made an important impact on the company—from his focus on being driver obsessed to delivering our first brand reputation study, which will help set our course in the coming months and year.
After we announced our intention to hire a COO, Jeff came to the tough decision that he doesn’t see his future at Uber. It is unfortunate that this was announced through the press but I thought it was important to send all of you an email before providing comment publicly.
Rachel, Pierre and Mac will continue to lead the Global Ops teams, reporting to me until we have signed a COO. Troy Stevenson, who leads CommOps, and Shalin Amin who leads brand design will report to Rachel Holt. Ab Gupta will report to Andrew MacDonald.
Here is Jones’ full statement:
I joined Uber because of its Mission, and the challenge to build global capabilities that would help the company mature and thrive long-term.
It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business.
There are thousands of amazing people at the company, and I truly wish everyone well.
Help The World Bankrupt Silicon Valley!
CRASH THE VALLEY! BURST THE BUBBLE! WIPE OUT THE SILICON SOCIOPATHS!
The Boycott took out Starbucks CEO. It Worked.
The Boycott got Sony’s movies to crash and their executives to get fired. It Worked.
Trump got elected because of these peer-to-peer social efforts to pay back the sociopath 1% billionaires of Silicon Valley. They no longer get to rig our media and our elections.
Now the 15 year plan to wipe the Silicon Valley sociopath, election-rigging, spying, privacy harvesting billionaire assholes off the planet has reached the final phase.
Nobody deserves less respect and less business support. It is time to use the stock market to put Silicon Valley OUT OF BUSINESS.
Pull all of your investments out of all Silicon Valley companies. Go through your own stock portfolio and look for Silicon Valley tech company names and sell those stocks. Instruct your stock broker to sell those stocks and to never buy any Silicon Valley Stocks. Tell Schwab and any bank that buys stock market investments for you to remove Silicon Valley stocks from your portfolio.
Punish Silicon Valley for what they did to you. They sexually coerced your kids as Stanford interns. They raped your daughters. They created the immigration-job-removal crisis so they could get cheap labor at the expense of American jobs. They bribed the White House. They built spy devices into every electronic device you own. They pre-read all of your emails. They psychologically analyze your online dating activities. They form monopolies and blacklist all of the great technologies you really want because they can’t take the heat against their crap technologies. They harvest your social media and sell your profile data to the CIA. They run PizzaGate perversion clubs. They use psychological warfare techniques on you while you use Facebook and Twitter. Their infidelities are notorious. Most of the divorce filings in Silicon Valley include lurid descriptions of abuse by the frat house bros. Silicon Valley oligarchs are self-centered, collusionist scum bags that do not deserve to operate a business in America. They have violated the trust of the citizens of the U.S.A. and they must be shut down. Now is your chance! Help Burst The Silicon Bubble!
Signs That The Silicon Valley Tech Bubble Is About To Burst
by Tyler Durden
18 months ago there was a seemingly limitless number of Silicon Valley future billionaires buying up multi-million dollar homes and renting out lavish pads. But if demand for excessively priced real estate is any indication of the health of Silicon Valley's tech industry then all the venture capitalists who have tripped over themselves to invest in the next 'decacorn', or startups worth $10s of billions pre-IPO despite burning billions of cash quarterly, should be getting pretty worried right about now.
As the following chart from Zillow points out, home prices in San Francisco stalled about a year ago and rents have followed a similar path.
But home prices aren't the only thing stalling, according to a note from The Guardian, resumes are also starting to flood into Silicon Valley headhunters from recently unemployed software engineers who were let go after their companies failed to attract its required latest round of financing at a ridiculous valuation.
“We’re starting to get a lot of résumés from [software engineers at] companies where the business model isn’t working and they can’t get funding, so they are closing down or cutting back,” said Mark Dinan, a software recruiter based in the Bay Area, who keeps track of companies’ hirings and firings.
These startups are running out of money because VCs are being more discerning about where they place their money, making fewer, bigger bets.
“The number of investments [in the private market] has fallen by about a third, but the amount of capital is around the same,” said Tomasz Tunguz, a venture capitalist at Redpoint, adding that some of the “fast money” from hedge funds and mutual funds had shifted away from the sector.
“It’s been happening for a couple of years. It’s not as easy to raise capital and VCs are demanding better terms,” added Aswath Damodaran, a professor of finance at the Stern School of Business.
Despite the meteoric rise in the stock market over the past several years, venture capitalists have been forced to pull back on new investments partly because of a slowdown in companies going public. Last year was the slowest for US IPOs since the recession, with the amount raised by technology companies falling 60% from 2015.
Meanwhile, if SNAP's IPO is any indicator of how other potential tech IPOs might be expected to perform, then we wouldn't hold out hope for public investors to save the venture market from their valuation sins.
But, a series of “down rounds” – when a company raises funds by selling shares that are valued lower than the last time they raised funds, leading its overall valuation to fall – may imply that there just isn't a healthy backlog of companies that are IPO-worthy. CB Insights has tracked more than 100 of these down rounds and exits since 2015, including software company Zenefits, mobile app Foursquare and online music streaming service Rdio.
“It used to be that 95% of [investment] rounds were up, now 20% are down,” Tunguz said.
Then there are the so-called “decacorns” – unicorn startups valued at tens of billions of dollars – such as Airbnb, Uber and Palantir – which some believe are overvalued, but it’s hard to tell until they go public and are forced to reveal details of their underlying finances.
Ride-sharing app Uber, for example, has raised more than $16bn and is valued at more than $69bn. That’s more than automotive giants such as General Motors and Ford, despite the company losing $2.2bn last year.
“The interesting question with Uber is how long they can keep as a private company. They are raising capital like a public company without any of the disclosure and consequences of being a public company,” said Damodaran, who believes the company’s value is overinflated and it’s really worth $23bn.
So, how does this moment compare with the time leading up to the dotcom crash? Here is the take of one Silicon Valley software recruiter:
“I got here in 97 and it was like it is now – incredibly packed, impossible to commute, high apartment costs,” Dinan said.
"We’re seeing overvalued companies, funded based on hopes and dreams and aspirations and not good business models. Companies counting users and eyeballs rather than profits. There are a lot of similarities.”
Another echo of the dotcom era is what Dinan calls “bad habits” such as the allegations of sexual harassment at Uber and human resources startup Zenefits cheating on mandatory compliance training.
“There was a lot of crazy behaviour in the late 1990s, including sexual harassment. It’s a result of there not being discipline,” Dinan said.
“The [dotcom crash] happened very suddenly and without any warning,” Damodaran said. “When it does happen everyone says they saw it coming. If you saw it coming then why didn’t you get out of it?”
Well, when all else fails there's always the 'negging' option to drive valuation...
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Snapchat IPO was the top of the tech bubble.
The absurdity had peaked.
The Nasdaq to S&P 500 ratio shows that the tech momentum has stagnated.