Adam Lashinsky, Executive Editor of Fortune magazine and author of “Wild Ride: Inside Uber’s Quest for World Domination”, told Business Insider that Travis Kalanick is Uber’s greatest asset and also its greatest liability.“
Following is a transcript of the video.
I like to say that he’s [Travis Kalanick] the company’s greatest asset and also its greatest liability.
He is the strong executive who has brought Uber to where it is. He is the execute who showed Uber how to defy regulators and to succeed and to thrive.
He is also the executive who has got them into so much trouble and who has said so many unfortunate things and has caused so many people to doubt them. So, no-one is irreplaceable, anyone can be replaced but I think it would be highly problematic if he were to go.
Was Mark Zuckerberg qualified to run Facebook? Was Jeff Bezos qualified to run Amazon? Was Bill Gates qualified to run Microsoft?
The answer in each case was probably no, no, and no and yet at the same time, they were the only people who could have taken those companies from where they started to where they were and Uber is in a very similar situation right now.
It is a big company. It has a lot of employees, it has a lot of revenue, it has an extremely high valuation. But it is a bit of a helter-skelter company, literally going off in many directions all the time and that is a reflection of Travis Kalanick’s personality and the culture that he wants at Uber.
The time is coming very near where he and his board and his advisors are going to have to make a determination about whether or not he has grown into the role of running Uber, as people like Gates and Bezos and…