Hedge fund manager Bill Ackman has publicly criticized Uber, alleging that the company is not passing on tips to drivers, based on his personal experience during a recent NYC yellow cab ride. Ackman claimed that after he added a $5 tip, the driver informed him that no tip was recorded. This assertion has sparked significant debate and backlash on social media, with some accusing Ackman of making unverified claims that could negatively impact $UBER's stock. Uber has responded, stating that 100% of tips are passed on to drivers through their partner, Curb. Ackman’s comments have led to discussions about the transparency of Uber's payment system and the broader implications for the company’s reputation and stock performance.
I love that Bill Ackman, despite being a self made hedge fund billionaire, has this very naive view of the world. https://t.co/14aHW0WtE4
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Bill Ackman texting Dara about the tip button on his Uber cab ride yesterday https://t.co/gODxIEul2Y
How Lies spread... Crying @BillAckman as usual and of course @elonmusk and people wonder why the first thing I tell investors that ask me how I invest and I tell them 'assume the market is rigged' https://t.co/9Gs3qrzdlA ht @michaelbatnick
Ackman Takes a Cab, Trashes $UBER Because he’s just like you and me, Bill took an Uber the other day and wanted to share his thoughts. According to the cabbie who ferried Bill back to his penthouse apartment on the upper east side NYC, Uber steals his tips. In a fury, Bill took… https://t.co/bXdKbQ0PXw
Ackman Takes a Cab, Trashes $UBER via @the_real_fly https://t.co/dCCWMNd2sa
Bill Ackman hastily accusing a Fortune 500 company of systematic fraud based on one anecdotal experience with almost no due diligence is not something I expected to see. https://t.co/NCMs23DJ1Q
I don't know why everyone is surprised about the Ackman/Uber thing. Not like we all don't know tons of investors who have knee jerk reactions to every bit of info & overweight their own experience/pay no attention to the details.
Bill Ackman slams Uber for ‘ripping off NYC cab driver’ who said company doesn’t let him keep tips https://t.co/G2rECLCC5U https://t.co/Zmz1iODI3v
Ackman right before tweeting an unverified and obviously untrue claim that a $150B public company is stealing from workers https://t.co/4m1becHbro
Bill Ackman uncovering this Uber conspiracy https://t.co/5Ey3Q5Zha9 https://t.co/gfncUL2imM
Ackman got taken for two rides at the same time https://t.co/clw7nY4luS
this is so fucking funny, billionaire Bill Ackman got hustled by an Uber driver for $5. someone get that Uber driver a private equity analyst job he could roll up more midwestern HVAC sole proprietorships than any spoiled rich kid with a business degree from Duke University https://t.co/WXu0UUuFnN
Drivers Are Rising Up Against Uber’s ‘Opaque’ Pay System https://t.co/1Grmj8oLGq
Will be interesting to see how @BillAckman responds after @Uber said they share 100% of the tips with drivers. Bill - might be worth 10 minutes of actual research before trying to use your social media following to negatively impact companies. https://t.co/gyyyj3bdvi
The Ackman Uber story (he thought Uber was stealing tips) and Trump "Reich" story (people thought he posted pro-Nazi stuff) are depressing examples of people's gullibility, especially if it feeds their biases. Does a story make sense? How much evidence do we have? Be skeptical! https://t.co/Ix0hmZxt3d
🇺🇸BILL ACKERMAN'S UBER TIP TIFF Ackerman: "When the ride finished I added a $5.00 tip. His screen showed that I paid no tip." Community Notes: "Tips are passed on to the driver eventually by the partner Curb to riders." Uber: "We pass 100% of the tip to Curb (our taxi… https://t.co/p5KcTMPJj9
Hedge fund mgr concludes 100bl public company stealing 50ml a day in tips and texts ceo asking to give it back and apologize? You’d think w an army of investment analysts you’d have them look into this for 5mn first.
this was already debunked by @Uber_Comms @BillAckman why would you go out of your way to make this tweet before even waiting for a clarification from @Uber or @dkhos ? thankfully, $UBER is not a publicly traded company... oh wait @elonmusk @CommunityNotes please address… https://t.co/eTAZSJrtnq https://t.co/pZULl0V5RY
How much of Uber's recent profitability improvements came from theft? Theft in the form of taking drivers' tips. https://t.co/JkKtxXxudc @BillAckman @Uber https://t.co/m5KD0dsvjm
imo, this is libelous. and if @BillAckman is short $UBER, this is securities fraud as well. of course, there is almost no securities law enforcement in our country, so Bill does have that working for him. https://t.co/FBoqvZHKvr https://t.co/pQOT9ZvZpa
I’m actually shocked by this post by one of the biggest hedge fund managers in the world. To take an anecdotal experience and apply it empirically is intellectually lazy and it might adversely affect shares of $UBER. Bill is wrong about the tips and he must be drunk to post… https://t.co/DxfSPFKbAb
I'm a big fan of Bill. His ultimate flex move is texting CEOs to do the right thing. First, it was the CEOs of Visa and Mastercard. Now the CEO of Uber. NYC cab drivers will collectively make millions more because of this one post. It's amazing. $V $MA $UBER https://t.co/OgV0KfvJzl
I took an @Uber today and for the first time was offered a NYC yellow cab. I thought good for Uber supporting the cabbies. I asked the driver about his experience with Uber and he surprised me by saying it was bad. He explained that even when the passenger agreed to pay a tip… https://t.co/jbBoWbYJvh
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