I guess I’m curious about all of this. I know from listening to your interviews that you pride yourself on being able to read people, to get the measure of them prior to investing. For you, it’s all about the person.
Let’s be real. You knew that the CEO of Uber was a complete a-hole before you invested. As a matter of fact, you have gushed about how he was willing to do anything, ANYTHING to be successful. That quality is what you look for in an entrepreneur.
And, to his credit, he was consistent. He was willing to do ANYTHING to be successful, including hiring people who were abusive, running an organization that systematically quashed reports of abuse, etc. And, again to his credit, it all worked. He made you, and every other investor in Uber, a ton of money. The fact that he’s now been asked to step down is irrelevant. He did what had to be done, regardless of the collateral damage. Someone else will step in and take it from here.
Those of us who raise daughters and tell them that they’ll have to live with this shit in college with professors, with bosses at their summer jobs, in the future in their professional lives are so glad that you’ve decided to speak up. It will make all the difference in the world.
Maybe, just maybe, instead of talking about how you are so active with female investors and about all of the good you’ve done, you could talk about how you fucked up with Uber, that you’re sorry you backed a founder who was systematically abusive even though you knew he had it in him because you also knew he’d make you rich(er), and that you stayed with him even when the smoke started to rise, and explain why it took this long for the board to fire him, and then talk about how you’re personally going to make amends with every single victim inside the company, financially and otherwise. And just leave it at that.
That would be an apology. Apologies start and end with “I’m sorry. I fucked up. I’m going to do my best to never do this again.” They don’t then continue with “…but you know I’ve done an ass-load of good too, and here it all is. Remember?”
Spare us the poor, pitiful white, rich male privilege drivel that we hear every single time something like this happens. It’s so tired.
You wanted honest dialog about the problem. Hopefully this counts.