The author is Brad Stone, who previously wrote the best-seller, The Everything Store (Back Bay Books, 2014), about Jeff Bezos and Amazon.com.
You can register to hear this presentation at the First Friday Book Synopsis for just $29 online by clicking on: www.15minutebusinessbooks.com. The site also has directions to the Park City Club. Breakfast opens at 7:00 a.m., and we end the session at 8:05 a.m.
“Both Travis Kalanick and Brian Chesky had made big promises: to eliminate traffic, improve the livability of our cities, and give people more time and more authentic experiences. If these promises are kept, the results might be well worth the mishaps and mistakes that occurred during their journeys; perhaps they’ll even be worth the enormous price paid by the disrupted.
“And if they can’t meet their own lofty goals? Or if the intensity of competition pushes them further toward a ruthless, win-at-all-costs mentality? Then Uber and Airbnb risk validating the worst claims of their critics – that they used technology and clever business plans merely to replace one set of dominant companies with another, amassing a staggering amount of wealth in the process.
“I’m more optimistic than that. I believe in the power and potential of the upstart s and have frequently admired their resourceful, adaptive CEO’s. But it’s up to us to hold them to their promises. They are the new architects of the twenty-first century, every bit as powerful as political leaders and now completely enmeshed in an establishment that they have, at times, bitterly fought” (pp. 331-332).