WeWork's problems go well beyond CEO Adam Neumann. Namely, its basic business model doesn't work and needs to be overhauled.
Some of Uber's earliest employees are still at the company while others, such as Travis Kalanick and Oscar Salazar, have moved on to pursue other ventures.
Ryan Graves, who once served as CEO of Uber, will officially step down from the board on May 27 — just two weeks after its lackluster public offering.
Geoff Ralston will be taking over as Y Combinator President for Sam Altman, who announced his departure in March.
Nine years ago, a company called UberCab made a splash by letting you hail a car with your smartphone. That was only the beginning for Uber.
It's only available to riders who request the Uber Black or Uber Black SUV service. The ride-hailing company is offering additional perks, too.
Mark Cuban says that Uber waited too long to go public.
A whopping 81% of the $29.55 billion in equity that Uber has raised is underwater. IPO investors have lost $655 million, while investors from 2016 and 2018 have between them lost $2.27 billion.
With a cumulative loss of $655 million, it's the worst first-day dollar loss of any US IPO ever.
Uber and Lyft are losing lots of money despite paying their drivers poverty wages. Neither situation is sustainable.
Uber's debut on the public markets was a disappointment to the company and investors. But it could end up being costly too.
Austin Geidt showed up to Uber with a "blank" resume, and rose through the ranks in a career that would make anyone in Silicon Valley jealous.
The IPO wasn't just a dud, it was a weird dud. There were several factors in the company's financials that scared would be buyers off.
Like many Day 1 Uber investors, PayPal's investment in the ride-hailing giant has yet to pay off.
It seems as if a high-pressure job at a Silicon Valley startup would have been dangerous for someone newly sober. But the opposite is true for Geidt.
Some of Uber's earliest employees are still at the company while others, such as Travis Kalanick and Oscar Salazar, have moved on to pursue other ventures.
Uber's app has undergone many changes as the company went from a small startup to a transportation juggernaut. Here's what it looked like in 2011.
Bloomberg's Shira Ovide wrote that Uber was valued at about $49 a share in mid-2016. The company priced its IPO shares at $45 and opened at $42.
Bloomberg's Shira Ovide notes that Uber was valued at around $49 per share in mid-2016. The company priced its IPO shares at $45, and opened at $42.
Ryan Graves is a founding member of The Pool, an initiative that uses stock earnings to fund clean water nonprofit charity: water.