An Open Letter to The Uber Board and Investors
Mitch & Freada Kapor

Amazing how many people seem shocked to learn that “there is gambling in Casablanca”.

This is a company whose growth has come from flouting rules and regulations, destroying competitors through predatory pricing, and cheating drivers out of billions of dollars by managing them as “Uber drivers” while misclassifying them as independent businesses.

None of this seems to have bothered investors, but now they feel the need to “speak up” upon learning that the company is treating its employees in much the same way it treats others.

Well, the scorpion stung the frog because that is what scorpions do. And if you don’t like the behavior of scorpions, then don’t invest in them. But it is a little late to start moralizing.

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