“I will tell you right now, based on everything I see, we're going to stay squarely in software, because we're really, really good at it.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Dara Khosrowshahi
Disclosure
Khosrowshahi: Uber's investment in self-driving division ATG was a mistake
“Where we got it wrong was when we went outside of our core. So for example, we had a very large self-driving business, ATG, trying to develop autonomous tech, and that wasn't what we were passionate about every day, and it was outside of the core, and ultimate…”
Dara KhosrowshahiMar 27, 2023▶ 14:35Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
AssertionSupported
Khosrowshahi: Uber Eats is as big as DoorDash globally
“Uber Eats is actually as big as DoorDash on a global basis, and so when we think about Uber, we think globally, right? And we are the global leader along with DoorDash.”
Dara KhosrowshahiMar 27, 2023▶ 17:35Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
Opinion
Khosrowshahi: Best Travis legacy was talent; worst was brand damage
“Best thing I'd say is is a bar for talent. Travis went after incredibly talented people, and I got to keep some of them, which is great. Worst thing, I think it was just the brand damage as it related to Uber, the enterprise.”
Dara KhosrowshahiMar 27, 2023▶ 42:26Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
Insight
Khosrowshahi: Agreeing with your team on obvious choices yields average performance
“If you're agreeing with your team, and you're doing what is obvious, then essentially you're going to perform a in an average way, your output will be average. As a leader, you have to be willing to kind of bust out of the obvious, do something non-obvious, di…”
Dara KhosrowshahiMar 27, 2023▶ 8:23Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
Disclosure
Khosrowshahi: Uber's past allocations into hardware products were a mistake
“We're not particularly good in hardware, and I think our investment or the capital that we allocated in hardware in the past was a mistake.”
Dara KhosrowshahiMar 27, 2023▶ 15:13Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
Disclosure
Khosrowshahi: Uber Eats initially bet on the wrong delivery strategy
“So I think the biases that we had Which is coming from an urban rides business that was all about the five minute ETA, made us early on bet on the wrong thing.”
Dara KhosrowshahiMar 27, 2023▶ 18:54Dara Khosrowshahi: How I Became CEO of Uber; Uber Eats vs DoorDash; The Postmates Acquisition | E994 · 20VC with Harry Stebbings
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