That's an extreme dip and a bad look for a company that has been desperately attempting to climb back to its heights of 2014. Yelp's stock was ripped to shreds after the company reported sales under analysts' forecasts and also slashed its own revenue estimates for the year.
In other words, we didn't do as well as people had expected, and the future isn't looking great either. Read more...More about Business, Facebook, Google, Yelp, and Silicon Valley
Both he and his company have been reeling from a workplace harassment and sexism scandal hit his company back in February, which also came shortly after the #DeleteUber movement began.
Since then, Uber's CEO has mostly avoided public appearances, not that he was a particularly public figure before now. Kalanick barely ever talks or shares much personal insight in public forums. Unlike Facebook CEO Mark Zuckerberg, you don't typically hear updates from Kalanick or see him on TV. In fact, Kalanick backed out his commitment to be questioned by Recode's Kara Swisher during a conference later this month. Read more...More about Tech, Silicon Valley, Business, Workplace Culture, and Workplace