Ep. 43: Uber's Board Turmoil

Uber's Board is a Corporate Governance disaster. Founder Travis Kalanick and Benchmark Capital continue to beef. Kalanick hired former Xerox CEO Ursula Burns and former Merrill CEO John Thain to the Board. This was unbeknownst to new Uber CEO Dara Khosrowshahi (wonder how long Khosrowshahi's tenure will last?). Toxic Board situation - we side with Benchmark. Hard to believe Jeff Immelt and Marissa Mayer threw their hats in the ring for the CEO post this summer.