Recode reports that the search has been narrowed down to 2 candidates. But the question is if any big name would take the risk of signing on with Uber.
The problems aren't just the public relations ones associated with alleged sexual harassment. They are deeper. As The Economist explains, this is an enterprise that isn't making money. In 2016, it lost about $3 billion on revenue $5.5 billion.
Sure, Jeff Bezos was able to get away with those kinds of cash-burning antics. But Amazon seemed more promising than Uber. Also, Amazon had a good track record in decimating its competition. Uber's global competition is breathing down its neck.
If a #2, that is a chief operating officer, agrees to be hired, we will likely see Uber investing less money in developing its worldwide business.
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