June 28, 2017

The Investor Who Took On Uber, And Silicon Valley



Freada Kapor Klein
By Iridescent (https://www.youtube.com/watch?v=aFAdrAs6Q-0) [CC BY 3.0], via Wikimedia Commons

Freada Kapor Klein stands on a staircase at the Kapor Center for Social Impact in Oakland, Calif. She is a high profile investor, who invested early on with Uber. She has used her voice and her money in a decades-long effort to promote more diversity in Silicon Valley. Uber is a mess — the “bad boy” ethos shattered, a nervous breakdown in its place. This week, the CEO announced he is taking a sudden leave of absence. A former U.S. attorney general released a brutal audit of the startup’s culture. It’s a terrifying moment for many investors who want that $70 billion unicorn to make them rich or richer — not implode.

But there is one Uber investor who stands out for how she decided to speak up. It was not very Silicon Valley-like of her, but Freada Kapor Klein wanted to turn the crisis into a teachable moment. And while this week’s events could lead her to say “I told you so,” she has a different takeaway.

Let’s rewind a few months. Kapor Klein decided to write an open letter to Uber — which she published with her husband — after a young woman shared an explosive account of sexual […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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