Lin recounts how Clay pivoted from general programming to go-to-market tooling
“Clay, I'll just use Clay as an example, where they started out as trying to bring programming to the masses. They built something and there were no, there are not enough users who thought that this was something that they wanted. They didn't know what to do wi…”
Schroeder: Careem beat Uber in the Middle East by accepting cash payments
“One of the biggest and obvious ones was they began to offer cash payments in when you finish your ride in a Korean car, because they knew that most people in the Middle East were not comfortable yet in the safety and protection of doing a digital transaction. …”
Aprameya: TaxiForSure could have become India's consolidated super-app
“We should have, as in we were the first ones to do hyperlocal stuff, right? So we could have done a Dunzo, we could have done a Swiggy, we could have done all the groceries, delivery startups, all that put into one company is valuable. Right? Like, in Southeas…”
Khosrowshahi: Kareem and Transplace acquisitions are or will be major hits
“I would say probably Kareem or there's a, we're pretty early on in terms of development, but a, an acquisition that we made in with Uber Freight Transplace, which really runs the logistics outsource logistics function of a lot of companies out there. Both of t…”
Emil Michael predicts Uber's Postmates and Careem acquisitions will be total write-downs
“I think we, instead of buying Kareem in the Middle East, Postmates, Jump Bike I think all of those will be a hundred percent write downs. Those are some of the worst acquisitions done in tech. Maybe Postmates may be the worst acquisition done tech in the last …”
Borgman: Major global ride-sharing platforms run Presto for data analytics
“Most of the world's ride-sharing companies around the world actually run Presto for their analytics because of that, so You know, that's Lyft here in the US that's GrabTaxi in Singapore, that's OlaCabs in India, that's Kareem in the Middle East.”
Destin: Requiring Proven Unit Economics Would Have Killed Deliveroo and PillPack
“We would never have funded Deliveroo. We would never have funded PillPack. You know, in fact, Kareem probably would never have taken in any capital because you have to project yourself into sometimes a three or four year cycle before these unit economics reall…”