Phoenix

“Yeah, so DoorDash Dot, it's an autonomous delivery robot. It's built entirely in-house at DoorDash. It weighs 300 pounds, travels up to 20 miles per hour. It's one 10th the size of a car. It's the only delivery robot out there that's designed to travel, not ju…”

“What we realized is that it's the developer at the larger companies wants to use open source, and if you are a developer at a, let's say, born on the web company, you actually want more of a off the shelf self-sell product. It doesn't have to be open source, a…”

“Wells Fargo is a big customer of Arise, and they were, before Wells Fargo became a large customer of Arise, they were like hundred developers using the Phoenix product, and that's the reason why we were able to, you know, get into the Wells Fargo.”

“We're launching Houston and then Phoenix over the next three to four months, and then we're going to begin launching multiple metros every quarter thereafter.”

“In October of twenty-twenty, they launched the first public, commercial, no human behind the driver's seat thing in Phoenix. It's the first in the world.”

“Florida, Texas, Tennessee, Phoenix, some Nevada. It's just opportunities are, you can buy a heck of a lot more for your dollar. You know, the cost per units are like 50,000 a unit versus 500,000 a unit.”

“Ever since 2008, it's kind of been this thesis that there's a more capital efficient, scrappy, kind of differently built entrepreneur between Phoenix and Bozeman, Salt Lake and Denver, kind of in that corridor.”

“And I think at the time that we were trying to do our early fundraisers, I think, you know, capital intensity, operational intensity were not popular. Marketplaces were very popular. That was kind of like the pattern people saw. Phoenix was not viewed as a mar…”

“We made a big investment in Israel, and we did that in the summertime right before the war in the north. And we invested in a company called Phoenix. We bought 4.9%, and we took a fixed price option, 37 and a half shekels. Today it's trading over 50, and we ha…”

“If you look at the mall operators, it is Phoenix who's the largest today.”

“A lot of people don't realize we've had a 24 seven ride hailing service around the clock. It was in 2020 during COVID though. That we removed the driver from behind the wheel. So we have the WeMo driver that's driving the vehicles at all time, but there's no h…”

“In terms of where we are today, you know, we are up, you know, driving in all kinds of conditions. We're driving, you know 24 seven in San Francisco, in Phoenix, you know, a little bit those are the most mature markets, but also in L.A. And in Austin, and, you…”

“Waymo since 2021 has gone from 50 square miles of operation within Phoenix, which is already a decent amount of size to more than 200 square miles in Phoenix.”

“You take a system that's designed to operate safely in San Francisco and put it in Austin or Phoenix and it performs extremely well.”

“Pretty much every good weather city is like a linear combination of those two things, right? So in Los Angeles, Exactly. So you go to West Hollywood, you're much more like a SF style driving. Lots of pedestrians, cyclists, and so on. You go to the LA's you kno…”

“And in Phoenix, we'll take you to down to Scottsdale, and when you land at the airport, we will pick you up at the airport. That's where we are in the journey. We're fully autonomous where we need to be.”

“I think it's like five million. If you live in a small town, ten million, if you live in a medium sized town, like Phoenix and 20, if you're like in a major city, like New York if you look at like the current, you know, treasury bills rate, it's a little under…”

“No market in the United States actually collapsed very fast. Like even in Phoenix, which was one of the most affected markets in 2008, the greatest decay in any 30 day period was about two percent.”

“So today we are in Phoenix in about two weeks, less than two weeks, we will be launching in Tucson, Arizona. And depending on how fast we ramp up the operation, the plan is to expand to three to five other geographies states within 2017.”

“For this round, we actually just closed our first round. It's not been made public yet, but it's local angels. It's a million dollar round post.”