SCOTT GALLOWAY: Bad behavior cost Uber $20-30 billion

SCOTT GALLOWAY: Bad behavior cost Uber $20-30 billion

http://ift.tt/2ggMV7Q

Business Insider

Scott Galloway, a marketing professor at NYU and author of the new book "The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google," discusses Uber. He cites the company as the best example for how poor corporate governance can destroy market value. He estimates that the board’s tolerance and excuses for bad behavior probably took Uber’s valuation down $20 billion to $30 billion.

See Also:

• Tesla’s value is surging ‘because the vision is so intoxicating’
• SCOTT GALLOWAY: Facebook could screen its advertisers, but it doesn’t want to hurt profits
• THE BOTTOM LINE: A market warning, the big bitcoin debate and a deep dive on tech heavyweights

business

via Business Insider http://ift.tt/eKERsB