Jun
14
Is Private Equity More Sexist Than Uber?
ByIn trying to clean up its own act, Uber Technologies Inc. — the ride-hailing startup whose boys-run-amok corporate culture forced an internal probe over sexual misconduct and gender discrimination — has inadvertently shown a light on another male-dominated corner of the corporate world: private equity.
For this, we can thank David Bonderman, the 74-year-old TPG Capital co-founder also known as “Bondo,” who was a member of Uber’s board. That changed after Tuesday, when at an all-hands meeting to address changes at Uber he made a quip to fellow director Arianna Huffington as she discussed the addition of another woman (Wan Ling Martello) to the board. In case you missed it, the exchange went like this:
