Ask HN: Why do some big tech firms like Uber/Yahoo not promote CEOs from within?

4 pointsjcroll1 comment

Why do they insist on searching outside the company for a "rockstar"? Wouldn't someone within the company with tons of proprietary knowledge of the organization make more sense?

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In Uber's case public perception was that their structure was dysfunctional so an outsider was needed to try to make a break from that troubled past. An insider would have perceived baggage from all the scandals. Also they might need specific skills needed (e.g. IPO, growth, merger).

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