
Saved by Xuanling11
đźš• Lyft
Saved by Xuanling11
I’m famous for having invested $25,000 in Uber when it was worth around $5 million—it’s now worth $70 billion in the private markets. When I invested, Uber was operating in one city and they only had a couple of Lincoln Town Cars signed up. It wasn’t clear if the business could scale or make money, but I knew the founder was exceptionally driven an
... See moreHe liked tying his fortune to founders who shared his appetite for building a world no one had yet imagined.
Austen Allred was homeless for 3 months when he was fundraising for his first company Grasswire, a media platform that lets everyone create collaborative news reports by voting on and fact-checking social media content in real-time. Austen was so broke that he couldn't afford to rent a place in Silicon Valley to meet with investors.
To still have a
... See moreAs it grew, Uber at the same time did something extremely important: Uber made all of us aware that we had a taxi problem—and that the problem had a new solution. Uber did this through the way it designed the company and its service.