Uber’s Party Is Over: New Curbs on Alcohol, Office Flings

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A workplace report details ‘frat-boy’ culture that lingered even after ride-hailing firm matured to $68 billion valuation – Alcohol-soaked parties, controlled substances, office romances and free dinner: those are the hallmarks of Uber Technologies Inc.’s raucous workplace—and many other startups.

A report Uber commissioned from the law firm of former U.S. Attorney General Eric Holder, released Tuesday, called out such details as part of what’s wrong with Uber’s culture. Uber’s board of directors unanimously adopted Mr. Holder’s recommendations, such as limiting company spending on alcohol.

A freewheeling culture of marathon late-night work sessions and frat-boy behavior often goes hand-in-hand with a startup’s fast-paced growth, experts say. But it can become detrimental as a company matures—in Uber’s case, to a $68 billion valuation and 12,000 employees.

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Yoree Koh – Wall Street Journal – June 13, 2017.

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