Reading Super Pumped, the Uber book. I’ve heard this story many times but it’s still amazing: https://t.co/g1B5xwcsKB
Reading Super Pumped, the Uber book. I’ve heard this story many times but it’s still amazing: https://t.co/g1B5xwcsKB
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
WebVan in particular was uniquely insane. With just $500K in gross revenues, no profits, and millions in annual burn, their IPO hit an $8 Billion valuation on day one.
Chris Rempel • PART 1: THE INTERNET IS HAVING A KODAK MOMENT
Yes, Uber’s service is superior in terms of availability, convenience, and customer experience to traditional taxi and limousine service, but could it so easily have overpowered the incumbents without access to billions of dollars in investment capital, which allowed it to subsidize lower prices for consumers and pay incentives to drivers? Arguably
... See moreTim O'Reilly • Wtf?
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