The Uber IPO Is a Moral Stain on Silicon Valley

UberCab — which shortened its name to Uber — was using technology to push a radical new urban vision, and it quickly became a poster child for Silicon Valley’s messianic vision. Allowing strangers to share their cars sounded crazy, but if it took off, Uber might reduce the need for car ownership and increase the utilization of each car. Nearly a decade later, as Uber begins pitching its business to Wall Street in advance of an initial public offering that could value the company at $100 billion, I’m sickened and saddened by my naïveté.

Source: www.nytimes.com