Bonderman has been working with Uber’s board for the past few months to give the ride-hailing firm’s work culture a much-needed overhaul. The company has been in hot water ever since it was hit by a serious sexual harassment allegation by a former engineer, among many other issues. As a result, Uber chief Travis Kalanick has gone on a personal leave and will come back to a stripped-down role.
Ariana Huffington said she “appreciate[s] David doing the right thing for Uber at this time of critical cultural changes at the company.” As for Mr. Bonderman, he explained that he “came across in a way that was the opposite of what [he] intended, but [he] understand[s] the destructive effect it had, and [he] take[s] full responsibility for that.”
He also said in a statement:
“I do not want my comments to create distraction as Uber works to build a culture of which we can be proud. I need to hold myself to the same standards that we’re asking Uber to adopt. Therefore, I have decided to resign from Uber’s board of directors, effective tomorrow morning.”