Uber Said to Appoint Expedia's Khosrowshahi as CEO

The transcript discusses the surprise announcement of the Expedia CEO as the new leader of Uber, a decision that was kept under wraps. It highlights the candidates considered, including Jeff Immelt and Meg Whitman, and the board presentations they made. The new CEO's background at Expedia and his potential to bring stability to Uber are emphasized. The challenges he faces include stabilizing the company, addressing pending lawsuits, and focusing on business opportunities to maintain Uber's high valuation.

How has the company culture at Uber been described in the context of the new CEO's appointment?

What is the significance of the company's valuation in relation to its business opportunities?