The WSJ on June 16 featured the story "Billionaire in Hot Water over Uber Gaffe: TPG's Bonderman relinquished board seat, apologizes after errant remark rankles." The article begins: For billionaire investor David Bonderman, the controversy caused by a comment he made at an Uber Technologies Inc. employee meeting represents a low point in a career marked by big wins and the occasional high-profile stumble. The co-founder of private-equity firm TPG resigned from Uber's board after the remark that disparaged women[.] So what was this incredibly appalling remark?  After Arianna Huffington, a fellow board member had said that data show that "when there's one woman on the Board it's much more likely that there will be a second woman on the Board[.]" Bonderman answered, "Actually what it shows is that it's much more likely to be more talking[.]" Not only should he lose his board seat, but he should probably never...(Read Full Post)