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Companies such as Amazon and Facebook have also adopted aggressive growth strategies similar to Uber. Amazon, for instance, has consistently prioritized growth over profits, expanding into new markets and industries, often at a loss, to secure its position as a dominant player. Similarly, Facebook's mantra in its early days was "move fast and break things," reflecting its focus on rapid growth and innovation, even if it meant making mistakes along the way.
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Learn how Uber's growth was fuelled by obsessive product focus, broken rules, growth at all costs and minimal bureaucracy from the book that inspired...
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The board wanted a strong CEO candidate who could keep Kalanick out of Uber. On August 25, three CEO candidates, Jeff Immelt, Meg Whitman and Dara Khosrowshahi, the CEO of travel and logistics company expedia.com, presented in front of the board. When Dara spoke, it was immediately apparent to the board that he understood the intricacies and economics of the ride-hailing market. He made it clear that "there cannot be two CEOs." Benchmark and others pitched for Whitman while Kalanick and team rooted for Khosrowshahi, which lead to deadlocked votes. After multiple rounds, the board chose Dara Khosrowshahi as Uber's new CEO.
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