When I first heard about the story, I was immediately interested. Together with my colleagues Jan Simon and Tom Vandebroek, I wrote a teaching case study on this, which I use with my MBA students to debate whether this form of shareholder activism (shorting) can be considered a form of responsible investing.
Modern production requires many complementary inputs, many of which are present in advanced economies, but lacking in emerging economies.
In the end, inclusive growth may generate a more prosperous and egalitarian society, whereas redistribution may fail to benefit either inclusion or growth.
“Africa is young, Europe is old“. That was one of the first conclusions I reached after a few weeks in Lagos. I wasn’t thinking just in terms of the age of the population, more in terms of the spirit and outlook I saw there. Africans are bursting with youth and energy. It is a clear sign of the youthful spirit of African people. In business, both demographic and mental youthfulness are highly valuable.
Uber is a young organization. They have to fight a long battle with regulators and established taxi professionals all over the world. In this struggle, one factor that can really help Uber is people. If you are a young entrepreneur and wish to learn from Uber, learn one thing, “Be nice, don’t be Uber”.