Uber settles with woman over obtaining medical records after she was raped

The question remains though if it's reasonable to continue to use uber. Is it a good idea to reward such awful behavior in the startup phase? IMHO, I think not. I'd prefer to use lyft and hopefully send a message (however minuscule) that startups shouldn't act this way at any point in their life.

If a group of people X did bad things in the past and they are no longer affiliated with Z. Why should learning more about those bad things in the past affect your current interactions with Z? It’s essentially a different group of people.

It’s similar to the issues people have with Europe over the crimes they committed in the colonial era. People are legitimately upset about it, but judge the current governments on their recent actions. Time scales are of course different, and it does not excuse future transgressions, but those our judged on their own merits.

Your viewpoint is incredibly naive and dangerous I am sorry. There are a few nuances worth understanding:

1. A lot of Uber's rotten culture stems from top-down, from Travis, who while not intending malice, operated from a viewpoint of fear and paranoia. That very top-down set up has now been replaced all the way up from the CEO. Why would someone not want to be part of that especially when you're able to see the change first-hand. Past skeletons still need to be cleared out but what happens once the company starts afresh?. You owe it to yourself to keep an open mind and not prophesize the very one-sides narrative that sells a lot better in the media circles.

2. While I can sympathize with #1, I am not sure how you can make the claim that Uber is in the business of screwing people over. It's outsized impact to consumers – both riders and drivers – is the favorite aspect of working at Uber. Most of us would otherwise be busy forcing people to click on spammy ads. Uber for me has helped blur the line between digital and human impact and I have first-hand noticed the impact from my work. Think about how fewer riders need to drink and drive because of Uber. In most of our cities, drivers who initially would have no source of part-time income, are now able to make money for all sorts of needs (help kids pay for college, side-gig while recovering from an injury are ones I have heard first-hand recently). Hearing these stories is inspiring. It compels you to get rid of the bad parts and be part of the change. In addressing your direct comment, I am proud to tell my kids the opportunities I have helped create for people across the world.

Now if only we figured out to sell our story better and win people over such as yourself. Give us some time :)

Either that or finance to exploit arbitrage opportunities.

Of course that opens them up to an even steeper drop in value.

And then there are the shareholder agreements that may limit what they can do with their stock as well as lock-up terms and the various authorities.

Shareholders are usually not in a position to claw back their investment unless this has been agreed upon up front and the conditions for such a clawback have been triggered and the company still has the money. If the company does not have the money then some or all of the execs may be personally liable for it but I have never seen a case where that succeeded.