Now what? The brash founder has been ousted. The board, which still includes the ex-CEO, must right a company that’s veered seriously off course.
“One scenario is that it takes the visionary founder genius to hold the whole place together,” said Rett Wallace, founder of Triton Research, which analyzes tech companies for investors. “The alternative narrative is that Uber has built a very scalable mousetrap so it continues to run at scale.”