zerohedge.com / by Tyler Durden / Jul 15, 2017 11:17 AM
From the article “Is This Uber’s ‘Theranos Moment?’” To wit:
“Now, much like Ms. Holmes, the founder and CEO had to quit, or resign, to appease those calling for change.
And, much like the previous example – those closest, and who should be the greatest ally for change and stay as to help weather out the storm are also jumping.
Now this appeared yesterday afternoon at about the market’s close, from Bloomberg™, again, to wit:
“Uber Technologies Inc. shareholders and its board, led by early backer Benchmark, have discussed selling some of their shares to SoftBank Group Corp. and other potential investors, people familiar with the matter said.”
For those who may not have taken the time, nor cared, to click the link I used to note who that “closest” or should be “greatest ally” that was jumping ship was:. It was Bill Gurley of Benchmark™. And with that now makes two points I stated earlier very prescient.