Uber Board Said Considering Limit on Ex-CEO's Power

The video discusses Uber's current challenges, including board appointments, governance reforms, and a significant investment deal with SoftBank. It highlights potential legal challenges from Benchmark and outlines governance changes aimed at limiting Travis Kalanick's influence. The video also covers Uber's ongoing legal issues, including federal probes and regulatory challenges in London, where CEO Dara Khosrowshahi is negotiating to maintain operations.

What is one of the main reasons for the governance reforms at Uber?

• To eliminate the board entirely

• To reduce the number of board members

• To give SoftBank a board seat as part of a deal

• To increase the number of board seats for Travis Kalanick

What is the approximate valuation of Uber in the deal with SoftBank?

• $69 billion

• $45 billion

• $100 billion

• $10 billion

What is one of the governance changes aimed at limiting Travis Kalanick's role?

• Banning him from attending board meetings

• Requiring 2/3 of shareholders and board support for his return as CEO

• Reducing his voting rights to zero

• Requiring unanimous board approval for his return as CEO

Which software is mentioned as being part of a federal probe against Uber?

• Redball

• Blueball

• Greyball

• Greenball

What is one of the challenges Uber is facing in London?

• Negotiating with the mayor to stay operational

• Expanding their headquarters

• Hiring a new CEO

• Launching a new product line