The Ledger, every show

“When you interview, simulate what it's like working together so that day one is really like week two and you're already pumped because you saw them in action.”

“I was the largest investor in pronto. And then we just were basically right in the final, like, We're checking off the list, maybe closing today or tomorrow on that deal.”

“It's like one shotting on software. Do you have one shotting on designing a machine or a robot? We're just not there yet.”

“That machine right there does 300 bowls an hour.”

“Hardware five is coming out on Tesla probably next year, which is going to make a big difference in what FSD can do.”

“You're some of the players in the autonomous software space, autonomous vehicle software space are no longer doing any labeling because the machines are doing it all.”

“A lot of the innovation you will see coming out on Uber Eats or DoorDash Like the stuff that's coming out now is stuff that existed three years ago, four years ago in China, maybe longer.”

“In the U.S. And really around the world, utility upgrades is the long pole in the tent in, in construction development.”

“Currently, I think we have real estate. We have facilities in all the major cities, and 30 countries around the world.”

“We also have a software division, so we have hundreds of thousands of restaurants using our software stack.”

“Have real, you know, robots that are gonna, that already Are out there, but are going to be out there in a really big way over the coming, you know, quarters and years.”

“Our company is really sort of building atoms-based computers and sort of Our first computer is really a food computer”

“So once the dispensers are full of food, nobody touches it, and what comes out on a conveyor belt is bags of food that get delivered.”

“In almost every city in the US other than two, Portland, Vegas, We were number two in ride sharing for this reason.”

“As long as the problems you're solving are greater than the problems you're creating, then you're fine. When the problems you're creating are, starts to, when the derivative of problems you're creating is greater than the derivative of the problems you're solv…”

“They've got to figure out the autonomous thing. That's, I think that's the next big challenge to go after.”

“I was talking to one of the large food suppliers in the U S they supply all the food to the to the restaurants. They're spending three billion dollars a year on the labor that moves the pallets on forklifts.”

“We've been doing this for a long time, ok? This is a continuation of a lot of the awesome things we did back in the Uber day.”

“So we have robotics that basically do the production of food.”

“And this is an autonomous mining machine operating on our stuff.”

“A lot of folks, they say, hey, Travis is back, or, you know, I think it might have even been on your invite. But I've actually been working for eight years. I just haven't been talking about it.”

“Our first round at Uber was four million pre.”

“This is a couple of companies before Uber. I did a peer to peer file sharing system, got sued for a quarter of a trillion dollars by 33 of the largest media companies in the world”

“On the interview process, simulate what it's like working together so that day one really feels like week two. And day one, you better be excited. So if you're excited in day one, after simulating what it's like working together in the interview process, then …”

“In fact, we use TCP sawtooth, To basically manage how much demand to send to certain kitchens based on capacity and reliability, as an example.”

“I acquired Cloud Kitchens for, ah, it partnered with a buddy of mine, Diego, right? And there were like six people in the company that I acquired.”

“It was purposely boring because I was going stealth. You imagine selling something called city storage systems. Like people are like, what is that? They'll forget literally 20 minutes after you talk to them.”

“It was 17, but you know, no one's counting.”

“So we operate in 30 countries.”

“Our Middle East business was supposed to go public in January, and the Saudi market Was went down 20% over like a two month period.”

“For a long time, we're the largest built kitchen builders in China.”

“And I sold it to Akamai for like, I think it was like nineteen million bucks and probably to this day is still the happiest day of my life.”

“So right now I have these facilities. There's 30 restaurants in each of them.”

“My head of the advanced technology group at Uber is running my robotics division at Adams. It's called lab 37 in Pittsburgh. No, no, that's Eric, my offer.”

“There was like a angel group that I pitched to. There were like 30, 40 people in the room. I think it was like three or four that invested. Okay. The 10 grand check became like a hundred million bucks.”

“So my roboticist team in Pittsburgh made a restaurant that is the restaurant that our first robot went into because we had to make sure that we understood how a restaurant worked. We had to make sure that this wasn't just a machine that made food, but a machin…”

“I didn't pay myself a salary for four years. I was raising money in two in late, 2001 for a networking software company.”

“I recently purchased the preeminent backgammon engine. XG.”

“We did stuff with the Saudis, Before even Vision Fund existed, they stroked a three and a half billion dollar check when that was like the biggest thing that ever happened.”

“This is my first time on a podcast ever.”

“The first 30 cities, I was on that pricing call.”

“At the peak, I mean, I don't know what it is at Uber today, but it was like, I don't know, like a hundred, 150 PhDs working on this problem that we just described.”

“I mean, I've got a five minute commute to work on a jet ski, unless it's raining.”