FIRST AIRED: February 24, 2017

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Transcript

00:00:02
>> The backlash against Uber is not stopping. Now some early investors lambasting the ride hailing app company to change it's quote destructive culture. Mitch and Freada Kapor, early Uber investors on Thursday posted this open letter to Uber CEO Travis Kalanick saying. Quote, we are speaking up now because we are disappointed and frustrated.
00:00:23
We feel we have hit a dead end in trying to influence the company quietly from the inside. The criticism coming after a former female employee Susan Fowler shared her experience in a blog over the weekend about the sexist work environment and culture. She says eventually pushed her out of the company.
00:00:42
The Kapor's letter a departure from the Silicon Valley tradition of investors continuing to defend their startups, even amid blowback over their shortcomings. Uber has been hustling to contain the fallout from the Fowler blog, and on Monday ordered an investigation and hired former U.S. attorney general Eric Holder to look into it as long with the company's chef HR officer in Ariana Huffington, who joined Uber's board last year.
00:01:07
But the Kapor's aren't impressed saying in their letter. They are disappointed that Uber has selected a team of insiders to investigate its destructive culture, and that it was yet another example of Uber's continued unwillingness to be open, transparent and direct. In addition to this latest crisis, Uber has been weathering a #deleteuber campaign on social media after its drivers in New York Picked up airport passengers as taxi drivers were on strike to protest President Trump's travel ban.