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Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708
This Week in Startups
Uber: The 800 Pound Gorilla
David Risher was a former Amazon retail executive, the former CEO of a nonprofit called World Reader and he's a member of Lyft's board of directors. Logan Green in a blog post wrote, quote, as I pass the baton to David, I wanna share this. We continue to have an incredible opportunity to push the boundaries and how transportation can help connect people and build a better future. The founders have been ousted probably by shareholders who are fed up with it just absolutely plummeting in value. And so that just means like this thing is roadkill. And I think this signals a sale.
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