I appreciate and agree with your comments.
I wrote the article in response to the pervasive thought that too many founders have that the way to stay CEO is by owning more than 50% of their company. I think that's a mistake, so I wanted to drive that point home.
Maybe I should have made this point stronger in my article, but the last thing investors want to do is fire the CEO; especially the founding CEO. They know that the risk of failure goes way up when you fire the founding CEO.
That's why Travis lasted as long as he did. The investors turned a blind eye to all the issues inside of Uber until they couldn't any more.