Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
It wasn’t one thing that transformed Maker Studios from a Disney princess to a pumpkin — there were a whole lot of many things. Times were better for the YouTube network in March 2014, when Disney had decided to buy the company for $500 million. With various performance-related revenue targets included in the contract, the final…
Uber CEO Travis Kalanick joined a group of more than 100 female engineers on Thursday to discuss the explosive allegations of sexual harassment and sexism recently leveled against the ride-hailing company. During an hourlong meeting, the engineers grilled Kalanick on what they say is a systemic problem at the company and urged him to…
Wells Fargo’s New Account Openings Down 30% After Fake Account Fiasco Image courtesy of Mike Mozart Despite overhauling its teller pay system and ditching a high-pressure sales goal incentive program, Wells Fargo continues to face the consequences of its fake account fiasco perpetrated by employees who opened more than two million unauthorized accounts, as customers continue…
People attend the Outdoor Retailer show at the Salt Palace Convention Center in Salt Lake City in January. (Rick Bowmer/AP) The twice-a-year Outdoor Retailer show is the world’s largest trade exhibition for one of the world’s fastest-growing industries. It’s where companies such as Patagonia, the North Face, REI, Black Diamond and Polartec hawk their coolest…
Uber CEO Travis Kalanick said Sunday that the ride-sharing company will investigate new allegations of sexual harassment and discrimination in its workplace. After former Uber engineer Susan Fowler published a nearly 3,000-word blog post Sunday describing a nightmarish workplace culture in which male superiors solicited her for sex and human resources officers shrugged off her…
Toronto police have launched an investigation after anti-Semitic notes were found at a North York condominium. A number of residents at 233 Beecroft Road, near Yonge Street, north of Sheppard Avenue, found notes with pictures of swastikas on their front doors, Det. Paul Pabla told CBC Toronto. At least one of the notes also said…
As most of you know, I left Uber in December and joined Stripe in January. I’ve gotten a lot of questions over the past couple of months about why I left and what my time at Uber was like. It’s a strange, fascinating, and slightly horrifying story that deserves to be told while it is…
In 2013, tropical-fruit tycoon David Murdock, who was the chairman, chief executive officer and biggest shareholder of Dole Food Co., took it private for $13.50 a share. A lot of shareholders felt that that price was way too low, and that Murdock had sandbagged the shareholders by driving down the value of the company so he could…
At a time when affordable housing is a national urban crisis, we usually turn to precious, self-righteous burgs like San Francisco for the most atrocious examples of NIMBYism. But now, Los Angeles may have them all beat. On March 7, L.A. voters will vote on “Measure S,” which would impost a moratorium on all development…
“CEO” is a term for someone who is paid more money than you because they are able to project a large degree of confidence about their wrong ideas. Don’t take my word for it—it’s science! The duties of CEOs vary somewhat from company to company, but they all have a few things in common: They…