Uber, every mention
64 scenes (2017), the whole family · ← back to Uber
every year 2017 anyone Harry Stebbings 532Shervin Pishevar 56Andrew Macdonald (Mac) 53Dara Khosrowshahi 39Scott Gorlick 38Emil Michael 36Jason Lemkin 33Brian Tolkin 29Cyan Banister 26Adam Grenier 22
Verbatim, from the transcripts: the passages where Uber comes up
20VC: Inside The World's Leading Crypto Fund, The Future Exit Environment for Crypto Assets & The Beauty Of Benevolent Dictatorship with Olaf Carlson-Wee, Founder @ Polychain Capital
- ▶ 16:17 Olaf Carlson Wee So this is like Uber or Airbnb.
20VC: Overcoming The Engineer Boys Club, Disrupting The "Pink Aisle" & Why VCs Are Missing A Trick Not Investing In The CPG Space with Debbie Sterling, Founder & CEO @ Goldieblox
- ▶ 1:53 Harry Stebbings You'll get a 25 dollars of Uber credit this season.
- ▶ 28:46 Harry Stebbings And it comes with a free five-year warranty with free shipping and returns, and for those in the US, when you purchase your Raiden with the code two zero VC, that's 20 VC at checkout, you'll get a 25 dollars of Uber credit this season.
20VC: Why Convertible Notes Are Ridiculous, Why Party Rounds Are Bad For Both Founder and Investor & Why Pro-Rata Rights Are A Mess with David Waxman, Founding Partner @ TenOneTen Ventures
- ▶ 2:06 Harry Stebbings And for those in the US, when you purchase your Raiden with the code two zero VC, that's 20 VC at checkout, you'll get a 25 dollars of Uber credit this season.
- ▶ 7:43 David Waxman I doubt that if you went back, and maybe some are revising history, I don't know, but I doubt if you went back to any of the investors who looked at Uber, I doubt any of them imagined that it could be bigger than the black car industry. 3 times in the scene
- ▶ 19:11 David Waxman I think that there probably are some sensible situations that probably if I were an Uber now, not to pick on them, I would be ready to be liquid and figure that the, you know, maybe the next billion dollars I could catch somewhere else.
- ▶ 25:10 Harry Stebbings You'll get a 25 dollars of Uber credit this season.
20VC: Kleiner Perkins' Bing Gordon on Lessons From Serving On Amazon & Zynga's Board, Why The Best Investors Are Good Listeners and Sceptical Optimists & The Most Important Value Add A VC Can Provide
- ▶ 1:51 Harry Stebbings And it comes with a free five-year warranty with free shipping and returns, and for those in the US, when you purchase your Raiden with the code two zero VC, that's 20 VC at checkout, you'll get a 25 dollars of Uber credit this season.
20VC: Why Strategic Investing Is Slow Motion M&A, Why Valuation Is The Hardest Element of M&A & What Determines Between Cash vs Stock Deals with Chad Richard, SVP of Business & Corporate Development @ Yelp
- ▶ 1:38 Harry Stebbings And for those in the US, when you purchase your Raiden with the code two zero VC, that's 20 VC at checkout, you'll get a 25 dollars of Uber credit this season.
- ▶ 17:31 Harry Stebbings How does it vary in terms of M&A between public companies, maybe your Yelps of the world, versus your private companies with, with now very big balance sheets being your Airbnbs and Ubers of the world? 3 times in the scene
- ▶ 25:48 Harry Stebbings And for those in the US, when you purchase your Raiden with the code two zero VC, that's 20 VC at checkout, you'll get a 25 dollars of Uber credit this season.
20VC: Why Valley Investors Are Really Gamblers, Why The Business Model of Selling To The Biggest Sucker Is Wrong & Why The Best Potential Hires Don't Care Who Your VC is with David Barrett, Founder & CEO @ Expensify
- ▶ 0:30 Harry Stebbings Point, OpenView, Uber's Travis Kalanick, Baseline, and SV Angel. 2 times in the scene
20VC: Lightspeed's Nicole Quinn on Why We Are Not In A Consumer Downturn, Why M&A Has Not Been This Exciting For A Long Time & Why Amazon Is Never Your Friend
- ▶ 8:34 Nicole Quinn At the time, the taxi market clearly was not as large as the market that Uber's currently going after, and you could say the exact same thing for Airbnb and sleeping in other people's apartments.
20VC: What Does It Take To Raise A Venture Fund Today, An Analysis of The Explosion of Seed Financing & Why IRR No Longer Takes Centre Stage with Samir Kaji, Senior Managing Director @ First Republic Bank
- ▶ 14:01 Samir Kaji It's much more interesting being an investor in Uber than it is owning stock in some public company that's been around for 30 years, and so we've seen the high net worths and the family offices continue to put in, in money because of those…
20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
- ▶ 23:14 Harry Stebbings Does this change today, then, with the likes of Travis at Uber?
20VC: If You Do Not Like VCs, You Have Not Worked With a Good One, How Andreesen Have Added The Same Level of Value As A Co-Founder, Why Market Is The First Thing To Consider When Angel Investing & Why Series A Is A Hiring Decision with Roger Dickey, Foun
- ▶ 6:37 Roger Dickey You have Uber, which is, you know, the personal transportation market that connects, uh, riders and drivers. 2 times in the scene
- ▶ 12:09 Roger Dickey You see, you know, with the recent news about benchmark and Uber, when investors don't support their founders, there's a very large backlash that you see in Silicon Valley.
- ▶ 15:28 Roger Dickey You look at Uber. 3 times in the scene
- ▶ 18:25 Roger Dickey You know, imagine being an Uber investor right now, like who would have thought that one of the investors would be suing the CEO for fraud? 2 times in the scene
- ▶ 22:32 Roger Dickey Every investor is looking for their, their Facebook, their Uber, their, their massive 10,000 X return.
20VC: Jason Calacanis on The 4 Questions Investors Must Ask Founders, Whether YC Have Scaled Their Process Successfully & Why Early Founder Liquidity Is Good Not Bad
- ▶ 0:29 Harry Stebbings As he says, he's got lucky seven times and counting, with a portfolio that includes the likes of Uber, Thumbtack, Evernote, and Tumblr, just to name a few of the incredible companies in his portfolio. 2 times in the scene
- ▶ 5:03 Jason Calacanis But anyway, putting that aside, I thought when I got an offer, somebody had read a story in the Wall Street Journal about my Uber investment, my thumbtack investment in the Sequoia Scouts program, and they said, you know, would you write a…
- ▶ 10:09 Jason Calacanis That's okay, because they'll overpay some cases, and they'll underpay for Google, or Amazon, or Facebook, or Netflix, or Uber, or Airbnb. 3 times in the scene
- ▶ 18:55 Harry Stebbings I'm really intrigued because Uber's famous for not providing such later liquidity to investors. 4 times in the scene
20VC: Why YC Is The Exact Opposite of Proprietary Deal Flow, Why Having No Follow On Dramatically Aligns Incentives & Why Founders Do Not Have To Be Passionate About Their Idea From The Start with Michael Ma, Founding Partner @ Liquid 2 Ventures
- ▶ 21:59 Michael Ma You know, everybody's like, oh, Uber is taking on the cabinetry, and then immediately falls out of favor.
20VC: Kleiner Perkins GP, Eric Feng on How The Best Funds Use Tech and Data To Find Companies, Why Entrepreneurs Start The Fire and VCs Add The Rocket Fuel & Why Consumer Is Harder Than Ever Today
- ▶ 0:13 Harry Stebbings But to the show today, and we're heading to one of the world's leading VC funds with their portfolio, including the likes of Google, Amazon, Uber, Snapchat, Twitter.
- ▶ 9:59 Eric Feng You know, we were having WhatsApp followed by Pinterest and Uber and Airbnb and Snapchat, just bang, bang, bang right after another. 2 times in the scene
20VC: Elad Gil on Becoming One of Silicon Valleys Top Angels, Why Most People Get Market Sizing Wrong & Should VC Services Always Be Bundled Together?
20VC: Benchmark's Peter Fenton on How To Differentiate Between Good & Great VCs, Why Ownership Is A Bigger Determinant Of Returns Than Valuation & What Makes A Truly Exceptional Board Member
- ▶ 0:26 Harry Stebbings Twitter, Uber, Snapchat, eBay, WeWork, Yelp, and many more revolutionary companies of the last decade.
- ▶ 14:47 Peter Fenton I would say that there was a pretty good case in the industry that Uber at the very beginning would struggle to be more than just a niche product for wealthy people in highly affluent urban environments, and the challenge then becomes,…
- ▶ 31:10 Peter Fenton And in many ways, the way GPS was a precursor to Uber or, you know, a really vast viable phone was a precursor to a Snapchat.
20VC: Kevin Rose on Putting The Entire Fund Into Uber, The Future For Mobile & Whether Angels Should Have Super Pro-Rata Rights?
- ▶ 6:47 Kevin Rose So we did investments anywhere from, you know, a 250 K seed check all the way up to, you know, I think the largest we did at the time was, was Uber. 5 times in the scene
20VC: The Biggest Indicators Of Success In Founding Teams, How To Balance Both Vision and Operations & Taking Money From "The Man At The Rug Store" with Mar Hershenson, Founding Managing Partner @ Pear.vc
- ▶ 12:45 Mar Hershenson Like what was the benchmark for say Uber when there was no thing equivalent, for example, but for most cases, of course there are benchmarks, right?
20VC: How LPs Can Add Strategic Value To Portfolio Companies & Why Real Estate Is On Every Whiteboard In Silicon Valley with Brendan Wallace, Co-Founder @ Fifth Wall
- ▶ 5:19 Brendan Wallace We work in Airbnb after Uber.
- ▶ 18:48 Brendan Wallace One, the cost of commuting will go down, right, and Uber today, about 30% of the cost is the driver itself, so it'll be cheaper to travel longer distances, but also the pain and the inconvenience will change, and so a lot of what real…
20VC: Why Move Fast and Break Things Is Not Right, How To Instil Radical Candor In Your Organisation & What Founders Must Ask For From Their Investors with Jason Brown, Founder & CEO @ Tally
- ▶ 8:42 Jason Brown And I think some FinTech folks in particular got inspired by the Uber way of doing things where we just ignore all the rules and we go operate this taxi service in France and you know, so what some of your people get arrested.
20VC: Investing; A Game Of Access Or Picking, Why Technical DD At Seed Is Irrelevant & Why A Contrarian Mindset Does Not Always Lead To Optimal Returns with Leo Polovets, Co-Founder & General Partner @ Susa Ventures
- ▶ 8:02 Leo Polovets Yeah, so I think there's, there's kind of this myth that if you see the next Uber or Facebook or whatever, you should pay any price to get in. 2 times in the scene
20VC: AngelList's Naval Ravikant on The Secrets To Success At Seed, Why Micro VC Is The Return of Traditional Series A & Why We Will See The Unbundling Of Traditional VC Brands
- ▶ 0:10 Harry Stebbings As one of the key individuals in the Valley, he's invested in over a hundred startups, including the likes of Twitter, Postmates, Uber, Yammer, and Thumbtack, just to name a few of his incredible portfolio companies.
- ▶ 10:38 Naval Ravikant So for example, like an Uber doesn't care about board value add.
- ▶ 16:22 Naval Ravikant Similarly, you're going to see with Uber and self-driving cars, they're going to, they're going to reshape the way that we set up our cities.
20VC: Why Spray & Pray Investing Is Wrong, Why Data-Informed VC Beats Data Driven VC & What To Look For When Investing In A Marketplace with Josh Breinlinger, Managing Director @ Jackson Square Ventures
- ▶ 8:17 Josh Breinlinger And you know, I could write a 25 K check in a late stage of Uber and put it on my portfolio page.
- ▶ 14:17 Josh Breinlinger So everybody tried to do the Uberification of everything once Uber was wildly successful. 5 times in the scene
- ▶ 18:49 Harry Stebbings Would you say that Uber potentially have failed with this with regards to the transferability and switching that often occurs within the driver segment between Lyft and Uber? 5 times in the scene
20VC: How Every VC Firm Is A Marketplace, Why A Large Amount of Promise in AI Today Is Impossible & Entrepreneurs 3 Main Pain Points of Fundraising with Alex Mittal, Founder & CEO @ Funders Club
- ▶ 4:11 Alex Mittal And somewhat ironically, VCs have been backing, uh, businesses that exhibit these features, network effects, for example, in the case of Uber and Airbnb and Facebook and so forth.
20VC: SaaStr's Jason Lemkin on The 3 Things You Want From Your LPs, Why Most VCs Do Not Add Value & Why The Best VCs Know How To Package Startups For The Next Round
- ▶ 18:57 Jason Lemkin So they had none of the downsides of being a lead investor, but they wanted all the upsides, which is getting into Uber as it scales.
20VC: Sequoia Partner, Pat Grady on Why Data Is The New Oil, Why We Will See The Return of The Apprenticeship Model in VC & The Defining Characteristics of The Next Generation of Great Software
- ▶ 12:16 Pat Grady And some examples would be Uber predicting where you're headed, or Facebook tagging people in photos, or Google correcting a search query that you fat-fingered. 4 times in the scene
- ▶ 20:05 Harry Stebbings I do have to ask, we mentioned Uber earlier, and you mentioned China there. 2 times in the scene
20VC: Why Valuation Is Of Critical Importance At Seed, How To Understand Innovation Cycles & Having 3 CEOs and Burning $10m a Month with Lee Hower, Co-Founder @ NextView Ventures
20VC: Betaworks' John Borthwick on Why The VC Model Is So Inefficient, Why Venture Fund Cycles Are Too Short & Why Frontier Tech Could Only Have Been Disappointing Over The Last Year
- ▶ 30:11 John Borthwick I think it is now moving back to distribution, and so I think distribution, there's another way to view distribution, which is marketing, and, and I think that when you have companies that are scaling, you know, the pace of an Uber, or…
20VC: Benchmark's Scott Belsky on What Makes Truly The Best VCs? Why Entrepreneurs Must Focus on 'The First Mile' & The Key Ingredients To The Perfect Onboarding Process
- ▶ 0:39 Harry Stebbings He's now a venture partner at Benchmark, a venture capital firm based in San Francisco, and as an early stage investor himself, he's made investments in the likes of Uber, Warby Parker, Pinterest, and Flexport, just to name a few…
- ▶ 8:26 Harry Stebbings What are the, what are the metrics or what are the kind of thoughts then that go into momentum that has the potential to fade out and become mortal compared to momentum that has the potential to turn into, let's say, a benchmark… 2 times in the scene
- ▶ 18:40 Scott Belsky Something bad for companies like Uber and Lyft and others, because I think that the data that is being collected and the optimization of the routes based on the data is a moat, so to speak. 4 times in the scene
20VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
- ▶ 24:43 Pejman Nozad He took Saba from his garage public, and then he was a seed investor in Google, Dropbox, Uber, and many others.
20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective
- ▶ 0:32 Harry Stebbings Therefore, though, today I'm thrilled to welcome Micah Rosenblum, managing partner and founder collective, one of the leading seed funds in the world, with, check this out, investments in Uber, BuzzFeed, MakerBot, PillPack, Coupang, and…
- ▶ 10:17 Micah Rosenbloom A lot of people saw it just like Uber, by the way, Garrett camp had pitched that business to a lot of investors.
- ▶ 19:32 Micah Rosenbloom And then we're still are every bit as likely or every bit as it's, it's every bit as possible to have the big ones that, you know, we were in cruise, we're in Uber, Buzzfeed.
20VC: Why I Do Not Regret Taking 'Peter Thiel Money', What Is The Difference Between Leadership & Management & What Conversations Are For The Founding Team Only with Tim Junio, Founder & CEO @ Qadium
- ▶ 15:15 unnamed speaker And I really hate the formula of it's the Google of it's the Uber of et cetera.
20VC: Why You Should Build Your Investor Team Like A Sports Team & How To Leverage The Abilities Of Your Investors Effectively with Ted Blosser, Founder & CEO @ WorkRamp
- ▶ 14:01 Ted Blosser Or you look at Airbnb, where they're rolling out their new flight booking service, or Uber, who's investing heavily into Uber Eats.
- ▶ 14:01 Ted Blosser Or you look at Airbnb, where they're rolling out their new flight booking service, or Uber, who's investing heavily into Uber Eats.
20VC: Preparing For The Next Big Trend, Why Conversational Will Be The Next Big Thing & How Entrepreneurs Should View Market Size with Sarah Guo @ Greylock Partners
20VC: Building An AI Company For The Long Term? How Humans & Machine Learning Can Work Together? What Applications Are The Conversational Interface Best Suited To with Maran Nelson, Founder & CEO @ Clara Labs
- ▶ 10:12 Maren Nelson But of course, it's easier for me to click the Uber app, right, and get an Uber than it is to have a conversation with a bot about trying to tell them where I am so that I can get an Uber. 3 times in the scene
20VC: Why You Should Not Invest From Patterns, Why No Good Business Was Built As An Analogy Of Another & Why The Rise Of The 'Celebrity Investor' Is Concerning with Emily Melton, Partner @ DFJ
- ▶ 8:19 Emily Melton It's the Uber for X.
20VC: DFJ's Josh Stein on Why VCs Must Adapt To Their Founders, The Major Transition Points For Aaron Levie @ Box & Why SaaS Startups Are Growing At A Rate Never Seen Before
- ▶ 16:22 Josh Stein Those developers typically start small, so you have maybe, you know, a thousand or a 100,000 developers a year starting to build applications, and then over time, some of them become Uber, and some of them become Airbnb, and some of them…