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Uber Stupor

Uber is unquestionably among the most brilliant adoptions of Internet and App technology in the new economy. It changed the landscape of transit in…

Anthony LoPinto

Uber is unquestionably among the most brilliant adoptions of Internet and App technology in the new economy. It changed the landscape of transit in almost every city. Thanks to Uber, New York City taxis are second choice to many on street corners, resulting in Medallions (what you need to drive a taxi) to plummet from $1.3 million in 2013 to $215,000 in 2016.  In Sarasota FL, Uber dominates transit for vacationers. Yet, under the leadership of the company’s founder Travis Kalanick, there have been egregious missteps after egregious missteps, leading to Uber losing ground to emerging competitors, recovery of New York’s yellow taxis.

It’s still a force to be contended with, but alas, it will not achieve its full Amazon-like potential. The lesson?  It’s all about leadership. Alas, Kalanick is no Bezos.

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Anthony J. LoPinto

Anthony J. LoPinto

Tony LoPinto is the Global Sector Leader of Korn Ferry’s Real Estate Practice and founder of SelectLeaders. For the past 18 years LoPinto has been serving his clients with deep knowledge and perspective on talent needs and organizational challenges to public and private companies – knowledge gained from a 25-year career in real estate. Prior to his current position, he founded and served as chief executive officer of a boutique real estate executive search firm, where he oversaw offices in New York, Chicago, Washington, DC, San Francisco and Los Angeles. He has successfully led several high profile search engagements for chief executive officers, directors and a wide-range of executive level positions across all industries and sectors. He earned a Bachelor of Arts degree in European history from Loyola University in Chicago.

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