Uber - Super Cities

Super Cities №194 — Arms Dealer or Arms User

Adnan Khashoggi became a billionaire by brokering war.

But do you know where amazing innovation comes from? People tinkering in garages.

From 2005 to 2017, the number of free agents — those who could pick up gigs — declined. Of those who remain, a growing percentage is over fifty-five.

In 1950, the average age of a company listed on the S&P was 60 years. Today it is less than 20 years.

Under new leadership, Uber deserves credit: it is getting stronger by doing less.

Benchmark invested $27 million in Uber. Its stake is now worth $8 billion.

The most damaging legacy of financialization is the slow death of multi-dimensional leadership, a topic we will explore, over time, in some depth.