Uber must improve its culture or it could face "collateral damage," venture capitalist Chamath Palihapitiya told CNBC on Thursday.
"I think if you look at any CEO of a great company, what he or she will tell you is if you don't have a great culture, things decay and the company will not last," the Social Capital founder and CEO said on "Squawk Box."
Last month, the ride-hailing company launched an "urgent" investigation after a former employee published a blog post with multiple allegations, including that human resources and executives failed to act when she was propositioned for sex by a superior.
The allegations sparked questions about gender bias and sexual harassment at Uber, and investors called for the company to change its culture immediately.
Palihapitiya said any fast-growing company like Uber is going to be put in a "petri dish."
"The reality is when something is growing that fast and all of the sudden you're a $68 billion company ... you're forced to think about a business in a global context," he said. "As long as that culture gets fixed, I think this company will be fantastic."