Uber co-founder Travis Kalanick recalls meeting Marc Andreessen, who communicated that the a16z investment partnership lowered their valuation offer for Uber's 2011 Series B round.
“And he said, look, I know we talked about three 75, but went to the partnership. They don't agree, or they just didn't think it was the right number. We're the best we're going to be able to do is two 10.”
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More from Travis Kalanick
What-if
Kalanick: Uber's 2017 board battle would differ with Andreessen or Horowitz
“That wouldn't have gone that way if Ben or Mark was on the board.”
Travis KalanickJul 22, 2026▶ 13:36Building a Company in Stealth | Travis Kalanick with a16z
AssertionNot checkable as stated
Kalanick continues to stand by every decision he made at Uber
“I continue to stand by every decision I made at Uber.”
Travis KalanickJul 22, 2026▶ 17:39Building a Company in Stealth | Travis Kalanick with a16z
Disclosure
Kalanick: Uber ran internal program 'shoplifting' to recruit Lyft drivers
“We had this thing where we would, against Lyft, we would we would recruit the drivers on Lyft to bring them over to Uber, so that it was hard for Lyft to build supply. And we would aggressively do it, and we had a program for it internally, which we called sho…”
Travis KalanickJul 22, 2026▶ 19:21Building a Company in Stealth | Travis Kalanick with a16z
Disclosure
Kalanick: Uber declined to acquire Lyft over cultural integration challenges
“That's why I didn't buy Lyft.”
Travis KalanickJul 22, 2026▶ 1:10:26Building a Company in Stealth | Travis Kalanick with a16z
Insight
Kalanick: Companies should operate just inches away from legal boundaries
“I like to go to the line. We should be like a few inches off the line. That's a good thing to do.”
Travis KalanickJul 22, 2026▶ 1:29:40Building a Company in Stealth | Travis Kalanick with a16z
PredictionNot checkable as stated
Kalanick: Efficient meal delivery will replace home kitchens like Uber replaced cars
“The meaningful thing about Adam's food is, can you make the preparation and delivery of a quality meal so efficient that it approaches the cost of going to the grocery store? If it does, You do to the kitchen what Uber did to the car.”
Travis KalanickJul 22, 2026▶ 0:44Building a Company in Stealth | Travis Kalanick with a16z
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