Answer :
Ways did pursuing a strategy of growth at all costs make it more likely that Uber's culture would suffer are-
- The resulting speedy boom changed into also supposed to make Uber rather attractive to those segments of the funding international that believed explosive top-line increase was the simplest crucial determinant of how begin-up agencies must be valued. traders targeted slenderly on Uber’s revenue increase and handiest not often considered whether the enterprise should ever produce the income that might someday pay off the multibillion greenback subsidies.
- most public criticisms of Uber have targeted on slim behavioral and cultural issues, such as misleading advertising and marketing and pricing, algorithmic manipulation, motive force exploitation, deep-seated misogyny among executives, and push aside of legal guidelines and commercial enterprise norms. Such criticisms are legitimate, however those issues are not fixable aberrations. They had been the inevitable result of pursuing “increase at all fees” without having any ability to fund that boom out of tremendous cash waft. And even as Uber has taken steps to lessen bad publicity, it has not accomplished—and can't do—whatever that would unexpectedly produce a sustainable, profitable enterprise version.
- Uber’s longer-time period intention became to get rid of all meaningful competition after which make the most of this quasi-monopoly power. even as it has already all started using a number of this synthetic power to suppress driver wages, it has not achieved the fb- or Amazon-type “platform” power it hoped to make the most.
- given that both sustainable earnings and true enterprise dominance appeared unachievable, Uber’s traders decided to take the agency public, based at the wish that sufficient gullible traders nevertheless agree with that the compathe big apple’s fast increase and popularity are the result of powerfully efficient innovations and do now not care approximately its inability to generate earnings.
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