Uber CEO Dara Khosrowshahi discusses competition in food delivery and compares Uber Eats to market leader DoorDash.
Disclosure
Khosrowshahi: Uber will never cap driver onboarding to protect earnings
“No because one of our core philosophies is this is an open platform, and if your background check comes in okay, et cetera, then you can have access to earnings opportunities.”
Disclosure
Khosrowshahi: Uber intends to wire up every single taxi globally
“There are four and a half million taxis in the world who would imagine that Uber will be working with taxis, but we're going to wire up every single taxi in the world.”
Assertion Not checkable as stated
Khosrowshahi: Son threatened to invest billions in Lyft if Uber rejected SoftBank
“SoftBank wanted in, and in typical MASA fashion, it was like, hey, if you don't let us invest in you, we're going to invest in that pink company, right?”
Prediction Open · timeframe Jun 2033
Khosrowshahi: Autonomous vehicles will take 10 years to become material in transportation
“My instinct is that you will see small scale continued experiments kind of get bigger over the next five years, but it's going to take a good 10 years for it to be a material part of our network or transportation at large. But that's a guess.”
Insight
Khosrowshahi: High Take Rates Are Dangerous for Marketplaces
“So, I will answer somewhat seriously, which is high take rates are dangerous. So, our job as a company is to grow volume as much as we can, as fast as we can. And make your shareholders happy enough. Yep. Minimizing the take rate, which is taking as much of th…”
Assertion Not checkable as stated
Khosrowshahi: Uber Is the Largest Source of Work in the World
“I think we're the largest source of work anywhere by far, and growing pretty fast.”